KRM kingsrose mining limited

[IMG] Based on historical data and recent case outcomes, the...

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    Based on historical data and recent case outcomes, the likelihood of the appeal against Kingsrose Mining's exploration permit for Area 1 of the Penikat Project being rejected appears relatively high.
    Historical Appeal Outcomes in Finland

    In Finland, appeals against exploration permits are not uncommon. However, the success rate of such appeals leading to the revocation of permits is relatively low. For instance, in a recent case, the Finnish Administrative Court upheld an appeal concerning mining rights over the Juomasuo and Pohjasvaara mining zones, reversing the permit extension granted to Latitude 66 Limited. The court's decision was based on the company's lack of initiated work to substantiate a mine development at the time of application . This indicates that appeals are more likely to succeed when there are clear procedural or substantive deficiencies in the permitting process.(RMIS - Raw Materials Information System, api.investi.com.au)
    Conversely, in another case, the Administrative Court rejected an appeal against an exploration permit granted by Tukes, allowing the permit to gain full legal force . This suggests that when the permitting authority has followed due process and the permit conditions are robust, appeals are less likely to succeed.(Nasdaq News, RMIS - Raw Materials Information System)
    Kingsrose Mining's Position

    In the case of Kingsrose Mining, the Finnish exploration permitting authority, Tukes, has defended its decision to grant the exploration permit. Tukes stated that the approval was based on a thorough Natura Assessment process, reviews by regional and national environmental authorities, and the inclusion of drilling impact mitigation conditions in the permit . This comprehensive approach strengthens the position that the permit was granted following due process.(vega-cdn.proactive.inc)
    Conclusion

    While each appeal is assessed on its specific merits, the combination of a thorough permitting process by Tukes and the general trend of unsuccessful appeals suggests that the likelihood of the appeal against Kingsrose Mining's exploration permit being rejected is relatively high.
    Write your reply here


    CHATGPTS opinion.

    I think there's a relative confidence of approvals. A couple months to go!
    Last edited by Goldies: 16/05/25
 
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