Brenden, you're not dreaming, check out MPRDA s.104(2)d
Preferent prospecting or mining right in respect of communities
104. (2) The Minister must grant such preferent right if the community can prove that-
(a) the right shall be used to contribute towards the development and the social upliftment of the community concerned;
(b) the community submits a development plan, indicating the manner in which such right is going to be exercised;
(c) the envisaged benefits of the prospecting or mining project will accrue to the community in question; and
(d) the community has access to technical and financial resources to exercise such Right
Also, under the "Definitions" section of the Act,
"community" means a coherent, social group of persons with interests or rights in a particular area of land which the members have or exercise communally in terms of an agreement, custom or law.
Sounds like the B tribe don't fit into the definition of "community" if you ask me.
Stagman
- Forums
- ASX - By Stock
- NKP
- ian shapiro reply.
ian shapiro reply., page-43
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NKP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online