KIS with a pure tungsten mine which is now fully funded were recently knocked back on the government funding.
They did secure state interest free loan a while back.
Not sure why they were unsuccessful but at a guess it seems you only get funding if you do some kind of value add or processing in Oz.
To date we have no plans for such activities.
I just put no expectations on Gov assistance.
Unless I missed it have they ever (via asx Ann’s) even stated they have applied for such grants?
I would think you would require a mining license with a plan to mine and money to do so before the Gov will hand out money.
just my take on it
Iron Ore & Tin price, page-932
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