AOH 0.00% 12.0¢ altona mining limited

diamond in the rough, page-3

  1. 499 Posts.
    By the way just to keep shareholders informed of whats happening with our company in Finland; as our Board out in Australia remains tardy in its disclosure
    obligations - probably because it doesnt understand Finnish - maybe we can give them the benefit of the doubt - Kylylahti Copper Oy - the Finnish operating subsidiary of Altona - was busy spending the shareholder funds in the last quarter buying up real estate around Llahti for the expansion of the area in order to build the dam to store the Ni Cobalt. In the process they applied for a 10 year permit to store the stuff .This involves also the re-routing of a local road and electricity transmission lines. The total expansion area is 32.5 ha which the company acquired over the few months. Bingo the Permit was granted on the 15.10.2013 for the 10 years .. subject to all meeting continually all the reporting and conditions and lodging a further guarantee bond . Permit cost 5000 euros .. no doubt the land and bond significantly more .
    Watch this space for the details as they come to light .... Versanto is in charge by the way .
 
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