EQR eq resources limited

Ann: Letter to Shareholders, page-41

  1. 1,416 Posts.
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    Re Wolfram Camp

    The initial EPM granted under the abandoned mines program is for a term of 5 years.
    There was an additional condition "...requiring the EPM holder to provide a report to the Minister, within three years of the grant of the tenure, detailing the assessment of viability of re-commercialising mining activities at the Wolfram Camp mine site. "

    My understanding of this is that the usual EPM expenditure requirements are not required until this report is submitted.

    stop throwing up negatives where they dont exist ! Flip over to G6M and stay there !
 
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