This is unlikely the reason, but when Kupol was owned by Bema, I warned of Moscow, and all pooh-poohed. Do you really think Moscow will allow North America to keep Kupol? Not only the story below, but the increasingly aggressive tone of Putin, thanks in part to this administration's policies and loss of leadership, and more to Russia's natural resources making it stronger than us in the not-too-distant future---sad to say:
Russia concerns me too, seems Venzuela and Russia are sharing the same feelings toward foreign companies extracting their resources. That said I still own shares in KGC and would look at KRY at this level even if they have to give away 50% to the government. Uncertainty is worse that shared revenues.