back to the future, page-6

Thanks for that Deiadiva ,it kinda ties in with the Dundee Cpatial Markets research of last year when they said 2018.

For those who haven't read it,I commend you to do so,its dated the 21/10/2013.

It was interesting (to me at least),that the PNG government took up only 15 percent of the Nautilus deal,with the option to take up a further 15 percent later on.

"Under the Agreement, the State shall take an initial 15% interest in the Project. The State has the option to take up to a further 15% interest within 12 months of the Agreement becoming unconditional. The State has paid Nautilus a non-refundable deposit for its initial 15% interest of US$7,000,000."

http://www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=649293

I'm not aware that our deal with the PNG government has or hasn't that sort of leeway in it.

In the Dundee report is says the PNG govt,dont have the cash to participate in Yandera,I'm of the opinion thanks to the PNG-LNG project they do,if they decide to do so.

Raider


In the land of the blind,the one eyed man is King.