CNB carnaby resources limited

Ann: Greater Duchess Update - Drilling to Start at Trekelano, page-94

  1. 980 Posts.
    lightbulb Created with Sketch. 109
    This statement from :-
    • Release Date: 28/11/24 09:36
    • Summary: Presentation - Trekelano Acquisition & Glencore Term Sheet

    " The Trekelano acquisition is anticipated to complete in Q1/Q2 CY2025."

    This foot note from :-
    • Release Date: 13/03/25 11:13
    • Summary: Presentation - Euroz Hartleys Rottnest Conference 2025

    "Note 1: Subject to completion of the Trekelano Acquisition. Refer to ASX release dated 28 November 2024 for transaction details".

    Could very well be still stuck with QLD Dept of Resource.

    Completion of the Acquisition is subject to the following conditions precedent:

    1. Receipt of indicative tenement transfer approval from the Queensland Department of Resources
    2. Environmental Bond De-amalgamation approval from the Queensland Department of Environment, Science and Innovation
    (DESI) (i.e. separation of Trekelano from Osborne approved by DESI

    Never the less it been too wet to get a drill rig on site anyway

 
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