TVN 6.00% 4.7¢ tivan limited

Ann: Quarterly Activities Report And 5B, page-110

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    My intel and it comes from a person who has done this work in the Northern Territory is as I understand.

    ALRA : Your correct as I understand it provided to me by my learned friend who is a practicing legal eagle in the Northern Territory;

    Granting of exploration licences under this regime I believe does take time but its because there are more legal rights afforded to the TO's and its a go to end (Exploration to Mining ) Agreement

    Native Title
    Mt Peake is on Native Titled land per the Native Title Federal Legislation.

    This is a different approach.

    First - Exploration Agreement is completed and its what I am told is an expedited process. Meaning the CLC can execute this. Hence TNG has been able to carry out exploration quite well and quickly under a heritage clearance process.

    Second - Mining Agreement is completed. CLC negotiate the Agreement on behalf of the TO's Group. This is where TNG is now.

    I understand Federal Minister or Territory Ministers are loathe to intervene.

    I understand its up to the parties involved, in this case TNG/CLC/TO's, to agree on the compensation package. I have no idea what this could be.

    In relation to Tivan. I have no idea.
 
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