Re: Current Sardine Hill info
in response to
by
Message: Re: Current Sardine Hill info
The issue seems to be with Lumumba who owned 100% of the Sardine property in the early 90's in the first place who then sold it to Roraima who then failed to deliver not just once but on both a second and third chance given as well. Even after all that the property was still handed back to Roraima and including Lumumba again ( original owner). The article takes issue with Mariwa ( a new company formed by Lumumba and Roraima ) as though its some suspicious cover this new company but the property was recently handed over to Roraima and Lamumba anyway so either way the new company is one and the same so what! But it does make for an eyecathing write-up. Then there's an issue with respect to exploration data that should have been made available for free, well, that's good news for us as maybe Shoremham can save 250,000US after further discussions... Two other points are the article mentions that the deal between Shoreham and Mariwa is a "likely deal" - once again good news for Shoreham. The last point is the mining regulations " requiring that small and medium scale mining be fully Guyenese owned and whether this deal meets these criterion. This is the only area of issue I see unless Sardine Hill is classed as "large scale" which also would imply great news for us.
Overall, on second read and thought I don't think any article will change a thing to the way business is conducted in foreign countries for centuries and do any other politicians in these countries not have certain privileges and assets by virtue of their positions anyway? I can see one politician arguing with another and then the other bringing up the same back at em. If Shoreham has a good relationship and ability to negotiate satisfactory and mutually beneficial arrangements with those currently able to make and execute decisions then good for Shoreham, David and team...
If we can bring to life these projects and prospects then I hope the article is correct in stating that the deal is a " likely deal ".
Who named it "Sardine" anyway!
2 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply