With no response from the company since a demand letter was sent last month, the government is of the view that Troy Resources has given up on Guyana and won’t be returning, leaving behind debts of $2.6 billion in royalties and over US$500 million to the Guyana Geology and Mines Commission (GGMC), top government officials said.
However, the company has 60 days to respond to the demand letter that was sent last month.
“They have gone and seem not coming back… But we are not letting this pass and will fight to get back what is owed…,” a top government official told the Stabroek News.
