True, hindsight is a great thing but from the quotation of John Sullivan QC, clearly this was a known issue even before they started the exploration given he clearly knew there was an issue (but it is possible AVQ thought it wasn't such a serious issue, I tend to think otherwise)........and they also spent $9M in 2015 and released their upgrade JORC of Isabel in Dec 2015, PL for SJ was approved in March 2015......
John Sullivan, the principal of Sol-Law, a Honiara-based firm which represented Sumitomo and landowners supporting Sumitomo's bid, said his landowner clients have had a great victory.
"They are ... the only complete winners in the case," Mr Sullivan said.
"The most critical thing is that customary land can only been converted to registered land in strict compliance with the statutory procedures.
"On the land side, I think it is the most important case since independence."
http://www.abc.net.au/news/2016-03-23/axiom-mining-loses-solomon-islands-nickel-to-sumitomo/7269324
11 Hours, page-82
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