A sharp-eyed reader notes that things have changed all of a sudden and quickly over at the Cutfield Freeman transactions bragging page. Until very recently, they had this to say about their involvement in General Moly (GMO) dealings (via the wonders of Google caché):
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General Moly Inc Advice in relation to financing of the Mt Hope molybdenum project, USA, culminating in the strategic investment by Hanlong Group, and offtake rights, accompanied by commitment to procure long term project debt from Chinese banks; stage 1 of investment completed.
But now it says just this
- General Moly Inc Advice in relation to financing of the Mt Hope molybdenum project, USA.
So the question arises, why should Cutfield Freeman be so keen to have culled mention of Hanlong from its pages all of a very sudden? Oh wowsers, maybe it’s something to do with this Feb 20th news report:
(Reuters) – China unveiled dramatic details of charges against a former mining magnate on Thursday, accusing him of crimes ranging from murder to gun-running and extortion as part of a “mafia-style” gang he led.In an announcement carried by the official Xinhua news agency, prosecutors in central China said they had laid charges against the former chairman of Hanlong Mining, which had tried to take over Australia’s Sundance Resources Ltd.Police last year announced the detention of Liu Han and an investigation into his younger brother Liu Yong – also known as Liu Wei – on suspicion of criminal activities.Prosecutors in the Hubei province said continues here
And this Sam Lin guy is an interesting character. Hoodathunk an ex-Goldman Sachs analyst would find a job at Cutfield and then meet great success with his dealings for Hanlong, eh?