INF 0.00% 5.7¢ infinity lithium corporation limited

Ann: San Jose Joint Venture and Permitting Update, page-4

  1. 10,333 Posts.
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    Well, not good at all,

    the appeal by INF JV has been rejected ! This looks very serious and the recent rise in SP of INF will be given back completely imho, The General Directorate of Industry, Is it totally because of environment issues and the local people ! Personally i think its over here but time wiill tell, The General Directorate of Industry,Energy and Mines of the Regional Government has rejected, - does not get much hih=gher than that unless you want to pursue through the Courts but the Govt must have a strong case to reject the appeal from INF !


    "Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’) advises that
    Tecnolgia Extremena Del Lito S.L. (‘TEL’), the project Joint Venture (‘JV’) entity
    that contains the rights to the San José Lithium Project (‘San José, or ‘the
    Project’), has received notification from The General Directorate of Industry,
    Energy and Mines of the Regional Government of Extremadura (‘Junta’) that
    it has decided to reject the administrative appeal filed by Tecnología
    Extremeña del Litio (TEL) against the resolution that denied the research
    permit Investigation Permit Valdeflórez (‘PIV’)"

 
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