Last time some of those licenses had a term of 5 years. See below an extract of the last renewal (EL5892)
As previously announced those licenses have been renewed. See: https://hotcopper.com.au/threads/ann-renewal-uraniun-exploration-licenses.5534270/#post-55813075
And you can easily verify it on SARIG: https://tenementregister.sarig.sa.gov.au/ if you can want to learn all the details.
Personally, I find the Uranium side of business the cherry on the cake, and I am happy with the business strategy to find a JV to explore and develop those deposits, in addition to the already very interesting investment nickel proposition as already described by @ChinaGold.
Good luck to all - and patience with this one
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