05-31-2023, 10:36 PM
As we all remember: in 2019 PNG was determined to be equity shareholders in Nautilus Minerals by the Canadian Courts. It reads to me that their equity interest is still very much alive and maybe ours too!!
From The National Today:
“KMHL position is to dispose of the 15 per cent holding in Solwara One, however, as KMHL still holds the 15 per cent, we will not be contributing to any cash call,” he said.
“The new players in the project can keep progressing the project without added cost to KMHL.
“But they will not be able to dilute the 15 per cent.”
https://www.thenational.com.pg/15pc-hold...-for-kmhl/
From The National Today:
“KMHL position is to dispose of the 15 per cent holding in Solwara One, however, as KMHL still holds the 15 per cent, we will not be contributing to any cash call,” he said.
“The new players in the project can keep progressing the project without added cost to KMHL.
“But they will not be able to dilute the 15 per cent.”
https://www.thenational.com.pg/15pc-hold...-for-kmhl/