SVG 4.00% 2.4¢ savannah goldfields limited

not possible, page-20

  1. 16,763 Posts.
    lightbulb Created with Sketch. 2612
    Agree Red,

    It’ll happen!

    Something I found recently, but maybe only relevant to NT ILUA (not QLD ILUA):

    “Once consent is given by traditional owners to exploration, they cannot refuse any subsequent mining.”

    As we all know, LNY have had an executed “exploration” ILUA (not “mining”) for a number of years. I have posted the link previously. The parties to the agreement are Renison (LNY) and Ewamian. A simple google search will reveal the agreement.

    Hi Towie,
    I have posted numerous explanations as to why LNY haven’t concluded the ILUA with the Ewamian People - COST !!

    The financial bond alone is friggin half a million bucks. Once the ML is granted by the DNRM, significant costs will follow. It’s all about timing wet season, mill, ML, refiner, staff, machines , just to name a few.

    Whilst we are on Bizz’s dime, we need to run lean. Otherwise 3bill SOI, will be a distant memory.

    Moveover, spare some empathy for the Board, and their dealings with EOPL’s promises.....but I hear that is in hand or perhaps mitigated.

    Cheers and All the very best with our investment
 
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