You can see the Salonix titles on this image. S1 ponds are located within them so this may have an effect on the decision to take up the option.
At 2k per hectare it could add a significant cost. Not sure but there may be a contingency in the option agreement to forgo a portion of the titles and keep the rest. If exploration wells have been drilled in any of them then they would need to be purchased. AGY have already spent 100k to option them.
How would that work if JORC and PEA have been calculated on titles that are then relinquished?
General Comments & Banter, page-1698
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