Remember when IKN revealed that Plateau Energy (PLU.v) had lost part of its key concession ground in Puno, then we watched as PLU went legalese in order to cover up the cruel reality and even talked about legal action into “misinformation” about the lack of good standing of its concessions (legal action that was all talk no trousers and nothing ever came from it, surprise surprise)?
Well, from what this desk heard this evening, PLU has some serious explaining to do about the rejection of their appeal, which means that Peru has indeed confirmed that it has stripped PLU of the concessions in question and that PLU is even barred from participating in the upcoming auction to decide on the new owner.Oops.