Mines and Minerals Bill 1990 (Solomon Islands), Revised Edition 1996, Part VI, Section 21:
“Acquisition of surface access rights for prospecting
21.-(1) Where the Board is of the opinion that an application for a prospecting licence, submitted in accordance with section 20, is acceptable, the Minister shall inform the applicant in writing (which writing is hereinafter referred to as the "letter of intent") of his intention to issue the prospecting licence subject to the applicant acquiring surface access rights.”
WHY do downrampers claim on the one hand that Axiom has to work within confines of the law of SI; and on the other hand, feels that for Axiom to have to obtain surface access rights post LOI equates not being granted PL by the minister at all?
AVQ Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
