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clock Created with Sketch. 19/04/23
11:56
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Originally posted by Odds&Evens:
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Just on the comments regarding CXO reporting on other fields - they have to comply as all would know with specific ASX reporting on Minerals, Production Tenements and Exploration Tenements in accordance with the JORC Code 2012. There is reference in some posts I believe to areas over which CXO might have an option (apologies but I haven’t caught up with that option agreement). It might be that in relation to option Tenements such Tenements are not owned by CXO and are subject to an option agreement with the Tenement owner. In that case the Exploration reporting obligations might be blurred as they are not the property of CXO. If however CXO makes a discovery on an option tenement that is material then it would likely be needing a release if CXO is then able to exercise further rights over that tenement. Just musing.
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Blackbeard is in a CXO tenement.
