Bin59
Regular
Thanks for your reply Carlos, I was more wondering about that it could be positive for AVZ if Minocom’s licence is cancelled that would solve the issue for Dathcom of potentially 2 mining licences over the same piece of land.Not really applicable
And I think it means if you hold a PR and it expires you can't apply for a new PR on a tenement for 5 years so if it did apply to us it would be bad news
Dathcom purportedly lost 13359 through the JVA being terminated by the Kalemie High Court not through expiration. Our PR had technically expired but that doesn't matter when you have made the application for PE. It's either get the ML or the MoM rejects the applicant using reasons known to the mining code.
Decrees can be issued for ML and then cancelled for illegality during the grant or for non payment of surface rights but neither of those apply to Dathcom. The situation we are facing is not how any of this is supposed to work in the mining code. ICSID decision gonna be a legal bloodbath if it gets that far imo