@cutloose
Thank you for the link. From that link it said: "Terramin's mineral claim will lapse."
From Australian case law, a mining applicant does not have a legitimate expectation of gaining ministerial approval, but rather a legitimate expectation of receiving procedural fairness.
From my reading, the Minister in this case acted in accordance with the discretion's purpose. He considered all the information at his disposal, otherwise he would be acting improperly as a regulator of the industry in South Australia.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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@cutloose Thank you for the link. From that link it said:...
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Price($) | Vol. | No. |
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