Payments to related parties of the entity and their associates: during the June quarter NIL fees
were paid to Directors and associates for director and consulting fees.
Modest exploration activities, some large holders adding and careful governance of funds.
I wonder if there's anything happening behind the scenes with Flinders?
Just unreal how one native bureaucrat can stall progress with no accountability for his actions but appointed by some woke system of public (paid) bureaucrats sucking from the tax revenues of Aussies seeking a better life through progress like that Flinders exploration would assist.
The resources won't go away (but they will become more valuable), nor will the need for Govt income, and the financial need of the locals. Watch this space.
Through its 100% owned subsidiary Strikeline Resources Pty Ltd, the Company sought approval
to continue exploration in two prospect areas in the north of the Flinders Project (EL 6362)
called Jenkins and Woolshed. Taruga made the applications for authorisations in March 2021
and were advised of an estimated timeframe to receive a determination of 6-9 months.
On the 12th of January 2024, after a determination period of nearly three years, Taruga
received a letter from the Minister for Aboriginal Affairs (SA), the Hon Kyam Maher MLC,
advising that he has decided not to grant the authorisations requested under sections 21 and
23 of the Act.
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