why i have my house on caz, page-20

re: for tigerten TigerTen,

I have spoken to the Mines Dept.

In summary from various conversations with a number of staff:

1)They said that when you lodge an extension of term that it must be accompanied by the Form, the licence document, rent and a report stating why the tenement should be extended. So RIO paid the rent and didn’t lodge any of the other stuff on time.

2)They also said that in a year where they have sought an extension their commitment increases. When I asked about how mush they said that to between $50k and 100k. apparently the tenement had been extended 11 times already.

3)They also said that it was unusual for a tenement to be extended this many times and that it is unusual to have exemptions from expenditure granted 6 years in a row (which their tenement did) when they have to lodge a work programme stating that the commitment is going to be met to get an extension.

4)When I asked about a company having more commitments than funds they said that if they have a valid reason for exemptions they could seek an exemption from their expenditure. They also said that if a company does an agreement they will often be able to have a period to allow them to evaluate the tenements as long as they start to drop some tenements. I assume CAZ know this.

5) They confirmed that once an EL expires it cant be restored. If it was forfeited a company can apply to have it restored.

6) Section 111a specifically states That the Minister must be satisfied that it is in the public interest. So NO wonder RIO think its important its there only hope.

7) That if you hold any granted tenement and it dies (expires, surrendered or forfeited) the only way you can apply for the ground inside 90 days is a as a mining lease. Hence as RIO could not have there tenement restored there only option was to apply for ML’s and if anyone beat them seek a 111a from the minister. It had nothing to do wit them wanting to go to ML’s it was there only option.

8) the form 5 can be lodged after the extension of term as long as it is lodged within 60 days of the anniversary

So TigerTen I think you should get it through your thick head that some people out there actually know more about It than you like I said in my original post quote something apart from referring to some drunk you spoke to in Southern Cross. I also asked the Dept if CAZ had any tenements in the Yilgarn and they said they had 2 applications in the 77 mineral field which is the Yilgarn. So that debunks that argument.

Made stop making me type so much and get something right for a change.