YEREVAN. – From the statement for its investors posted by Lydian International on its British website, we conclude that December 20 seems to be a very important time for the company as its major debtors have postponed the deadline for returning the debts until December 20. In the meantime, any attempt to work in connection with the Amulsar gold mine project may be presented by Lydian as a new basis for postponing the deadlines. This is probably due to the fact that some representatives of the Armenian state authorities are actively trying these days to persuade Amulsar defenders to allow Lydian to enter the area and perform winter operations, although Lydian had already “wintered” the equipment last winter and no longer entered the area after that, the Armenian Environmental Front (AEF) civil initiative informed this to Armenian News-NEWS.am.
And before that, as per AEF, Lydian's September 30 financial report, which was not audited, speaks of the company's default warnings. In this message, Lydian continues to also write false information, such as that the ELARD company gave a positive conclusion to the Amulsar’s Environmental Impact Assessment reports, and presented only minor technical suggestions that Lydian, allegedly, largely accepted.