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3.8¢ kingsrose mining limited

Ann: Appeals lodged against Exploration Permit for Penikat, page-35

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12,231 Posts.

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16/08/24

08:16

Post #: 75231109
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Originally posted by Sunrayta: ↑

This ground has previously had 100 holes through it. Yeah it was pre Natura 2000 but the red tape the Finnish gov they've created is insane. The money to spend on extra steps the drillers have to take to mitigate disturbance on snow packed ground it laughable. You would think the delays will allow the co to finalize all other area submissions but they may be subject to further environmental studies too. I would be happy to care less about this stuff if we were already on our way to drilling come Dec but this could be a 2 year process now as appeals can even come after the courts have made their judgments.

I'm personally righting Pennikat off as one drill program doesn't maketh a mineable resource with the ensuing red-tape to get it even close to a PFS. let alone ground that will ever be allowed to mine.

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Nice to be in Management at KRM ,,, :we'll get back to you in early 2025 , 2026 at the latest"

As they promote progress and a JV with BHP the SH vale has eroded?

Can I ask "when was the last AGM on Australian Soil" ? NZT

KRM Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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