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Bevter - Colombia is a very complex place to operate and work. I...

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    Bevter - Colombia is a very complex place to operate and work. I would be very cautious here as the environmental and social permitting process is a very difficult and arduous path. Colombia does not have defined timeframes with which approvals are gained. Believe it or not, one of the best things to happen to Australia was Mabo and the defined and timetabled periods required for the process. Colombia does not have these and the government is very reticent to intefere or push the indigenous groups to agree to projects.

    That being said Colombia is a wonderful and safe country, albeit still stalled by the corruption that still exists within all levels of government. The people on the street are amazing people.

    If they can find a resource, and get this up and running it will be positive for this company and the people. In my experience, once a resource is proven in Colombia you are looking at two to three years minimum to get the licences required to exploit this resource.

    I will watch this one with interest.

    GLTA
 
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