POS 20.0% 0.6¢ poseidon nickel limited

dont forget the 100 000 oz gold tailings, page-9

  1. 1,211 Posts.
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    Thought that you were referring to the act tcf.Do you not think that it would be a simple matter of pos applying for a permit to extract the gold from the tailings?They may already have made application?
    I took the following extract from the agreement which seems fairly straightforward.

    "was ratified by the Poseidon Nickel Agreement Act, 1971 the State agreed to grant to the Company on application made by the Company a mineral lease under and, except as otherwise provided by the Agreement, subject to the Mining Act, 1904 AND WHEREAS the Company has now made application for a lease of the land hereinafter described for the purpose of mining thereon for nickel, copper, silver, lead, zinc, cobalt, platinum, palladium and such other minerals as the Minister for Mines may from time to time approve NOW WE in consideration of "
    Looks like they have approvals for most common minerals and the agreement provides for other minerals to be approved on application to the minister.
    regards Homebrew027
 
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