But there is uncertainty regarding Lake Johnston. E25 announced the following:
Subsequent to the end of the quarter an application for forfeiture was lodged by Cacique Resources Pty Ltd in relation to E63/2027. The application for forfeiture claims that the tenement holder has failed to comply with the expenditure conditionsfor the year ending 2023. Element 25 denies that it has failed to comply with the minimum expenditure commitment for the expenditure year the subject of the application and intends to defend the application.
E25 - Lake Johnston, page-27
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