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Ann: MQR secures EIS grant for 1.5km2 spodumene pegmatite swarm, page-3

  1. 2,915 Posts.
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    MIN are locked-in with the agreement, only if MQR agreed to it could they leave it.
    This EIS grant allows them to fund these expensive DDH’s without crippling the bank account.
    Yes, in the agreement they get exploration costs from MIN receipted back, but they have to fund it first.
    Im assuming this is a grant, not a cost so haha they can’t charge MIN for it…
 
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