"INDONESIA
At the end of the period FEVG was still in the process of securing the IUP’s,
once the IUP’s are issued WWI will transfer a 54% interest in PT Madinah Quarataa’n (PTMQ) to FEVG."
"As detailed in the Appendix 5B, the Company’s cash position at the end of the quarter (31/12/2019) was
$319k."
.... good to hear a Papua update, if FEVG get to the drilling stage, this maybe a sleeping giant for WWI imo, even maybe @ 10%.
.... maybe not much cash left even with any CN incoming, when looking at any-day maybe bringing a huge underground mine into operation imo, Paterson - piff, unless a JV or who cares until the huge South African mine is possibly producing ore after any MR grant.
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