In itself it's also not going to stop Zijin from proceeding to solidify their ground position in the northern tenement area. It's a hefty sum viewed in isolation, but if they drilled out and continue construction for another say 6 months and faced the resulting fine of 18m euro (plus the ticking payment from May til now) that's ultimately chickenfeed against the prospective value in winning that tenement - which will be in the tens of billions of euros at a minimum. I believe that a unethical behemoth like Zijin would view this as a necessary price to spend in risk v reward terms, to allow it to better argue that it should be at least allocated a permanent licence over this tenement, if not the lot, and build its standing to that end should it come to negotiations.Maybe AUD$150,000/day is not enough incentive for Felix.
However there is another question entirely of whether this approach will significantly impact their chances at the ICC, and whether their actions will also impact the DRCs position at ICSID should these emergency injunctions also be implemented as expected. I would suggest the answer is yes, it would have a serious impact, but how that feeds into Zijin's risk/reward calculations is an open question. I suspect they will push on regardless, unless ordered to stop after the injunctive decision by the highest levels of government with associated promises. I don't see much likelihood of this, in the near term at least, so whilst they can I expect we'll see frenzied Zijin action in this zone and at Mpiana-Mwanga to build on the 'ground reality' they are clearly aiming to present as a fait accompli.
Let's hope we hear something of the MoU soon!