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Ann: Entry into Agreement for the Potential Sale of Way Linggo, page-63

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06/07/22

15:51

Post #: 62403812
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Originally posted by AdelaideTrading: ↑

I have taking up things with Fabian, and there’s finally been some responses this morning, I’m happy to announce. There’s still other questions I have, hopefully we can chat this week. As an example, one ballroom structure appears to occur in the north of the geological body, the applications don’t appear to have covered this. Currently the one tenement and three applications only go approximately half way up the entire body. Given the ballroom structures appear to be a much larger volume of mineralisation why hasn’t the entire reef been taken out in their applications, to also provide forward planning exploration abilities. Surely this wouldn’t be too expensive if it was limited to geophysical studies? Failing this, you, I, another party could take out applications themselves and then sell them in future getting the money for the sale. I see it as a necessity as part of protection - surely exploration leases wouldn’t be too expensive to maintain in Finland in particular if only geophysical non invasive works were undertaken. Why not take out the applications over the entire reef system, through the Sompurjarvi, Kilkka, and Yli-Pennika blocks? I asked Fabian, he felt satisfied the existing area was sufficient, however the Element-46 historic data shows one of the ballroom structures to the north occurs in the Sompurjarvi block.

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As I said send in your CV

Originally posted by AdelaideTrading: ↑

I have taking up things with Fabian, and there’s finally been some responses this morning, I’m happy to announce. There’s still other questions I have, hopefully we can chat this week. As an example, one ballroom structure appears to occur in the north of the geological body, the applications don’t appear to have covered this. Currently the one tenement and three applications only go approximately half way up the entire body. Given the ballroom structures appear to be a much larger volume of mineralisation why hasn’t the entire reef been taken out in their applications, to also provide forward planning exploration abilities. Surely this wouldn’t be too expensive if it was limited to geophysical studies? Failing this, you, I, another party could take out applications themselves and then sell them in future getting the money for the sale. I see it as a necessity as part of protection - surely exploration leases wouldn’t be too expensive to maintain in Finland in particular if only geophysical non invasive works were undertaken. Why not take out the applications over the entire reef system, through the Sompurjarvi, Kilkka, and Yli-Pennika blocks? I asked Fabian, he felt satisfied the existing area was sufficient, however the Element-46 historic data shows one of the ballroom structures to the north occurs in the Sompurjarvi block.

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KRM Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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Ann: Entry into Agreement for the Potential Sale of Way Linggo, page-63

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Ann: Entry into Agreement for the Potential Sale of Way Linggo, page-63

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Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

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Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

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