MRD 0.00% 0.1¢ mount ridley mines limited

Hoodlum, you mention what stage govt funding is available!MRD...

  1. 760 Posts.
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    Hoodlum, you mention what stage govt funding is available!

    MRD are way off from meeting any criteria for funding thats on offer.

    some minimum requirements are:-
    - meeting indicated JORC, (this drilling program will only meet estimate/inferred JORC).
    - intergrated process from production to refining. (govt wants it mined here and refined here).

    some other pieces of the the jigsaw to get are ESG and funding for processing.

    its an exciting time for this little explorer but govt funding is way off and from what im reading will be spent by the time this gets up and running.

    in the future if all comes together, short term the WA govt will look favourable on these tenements for license approvals and assisting in getting through govt red tape etc.

    also a good chance this could be farmed out or a T/O by a big player, not the first time this has happened!

    AIMO

 
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