ERX 0.00% 12.0¢ exore resources ltd

exploration license

  1. 178 Posts.
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    No public report / news about the court hearing .... very strange, this  set me thinking, IMO there´s one more probable outcome of the dispute .... DGEG will now assess whether Lusorecursos has or is not capable and feasible to move to an exploration license ....

    I´m wondering what happens if Lusorecursos can´t convince the DGEG about their "capabilities" ...I´m no legal expert but it should be possible for NLI (especially with all their current file work) to file for a new exploration (or even better a mining) contract. More details about legal framework under in the chapter "legal framework"

    I bet that NLI checked this possibility too ... so the expiration of the existing exploration contract may be a great chance for NLI for a new contract instead of a transfer of an extended exploration contract

    The more I think about it the more I like this idea. IMO this may be even the better way ...
 
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