CAZ 0.00% 1.5¢ cazaly resources limited

hancock digging the hole deeper..., page-8

  1. 5,048 Posts.
    re: caz will lose -hancock will win the tenement is the property of the WA public. the government are the caretakers and are entrusted by the public to look after it with the publics interest being the priority. rio have had this tenement for 16 years and done nothing with it, yep not 1 hole. now to rub salt into this insult to the people of WA rio chose not to renew their licence by the expiry date and in doing so have embarrased the government for failing to adequately guard this valuable public asset. so what does the government do now? well they should, after 16 years, make the public interest the priority and deliver the tenement to caz who have a no less than BHP as their customer (partner?)and it is aknowledged that in as little as 18 months the public will finally see a return on their asset in the form of taxes and royalties. it will have taken 18 years but finally a return.

    oh and the mining act says caz are legally entitled to it.
 
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