Amur Minerals’ Robin Young talks to Proactive about the challenges currently of trying to sell its Kun-Manie asset in Russia
He talks about why shareholders rejected the planned sale for US$105mln and said he is now trying to renegotiate the terms of that deal or else find another buyer.
Conditions at the moment are very challenging, he adds, with sanctions cutting off access to banks while Russia itself has imposed its own restrictions on asset sales.