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08/03/20
12:10
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Originally posted by Cumberland16
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Hmmmm. this is NOT good! It could hold us up for years. I just read it from the Prospectus! I am out! bad Juju in my opinion.
Access risk - Native title and Aboriginal and historical heritage It is possible that significant or sacred Aboriginal and historical sites found within tenements held by the Company now, and obtained in the future, may preclude exploration and mining activities and the Company may also experience delays with respect to obtaining permission from the traditional owners and other stakeholders to explore for and extract resources.The Company must comply with Aboriginal heritage legislation, requirements and access agreements which require heritage survey work to be undertaken ahead of the commencement of mining operations. It is possible that tenements may not be available for exploration or mining due to Aboriginal heritage issues (whether in respect of registered sites or not).Under Western Australian and Commonwealth legislation, the Company may need to obtain the consent of the traditional owners or holders of interests in applicable tenements before commencing activities on affected areas of the tenements. These consents may be delayed or given on conditions which are not satisfactory to the Company.
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Every stock involved in exploration/mining in oz canada nz usa and probably all of the western world operates under the same conditions. certainly not unique to BLK