Kolosori ml application, page-153

First 153 Last

Share
Profile

Follow
hot_investor

3,392 Posts.

182

28/09/16

09:19

Post #: 19466588
Share

Originally posted by Fmatt ↑

Thanks Shane. Having difficulty digesting the SI land laws generally as compared to Aus. No surprise to me given the COA decision which also was unexpected. My logic tells me if there is uncertainty on some lands and ownership then we leave that land and those owners out to be resolved later if possible. It seems that is not how the SIG have elected to proceed and perhaps they had little choice in that given the COA ruling and their existing legislation?
The problem this creates is that avq cannot drive its own agenda and timing. We can't get going on any part of the tenement.
Do we have absolute clarity on our rights to mine the other tenement that we are now drilling for Jorc purposes? That is a wholly separate tenement in terms of licensing etc?
My issue is cash flow and time to production and cash in flows. Do we control our destiny in that respect? How soon could we ship ore from the tenement we do control?
Really appreciate your time and thoughts thanks

Expand

Great points Fmatt , there has been so many twists here plus shady deals that who really knows what will happen.
So far the knockers have been right all along and the hopers ( myself included) been left holding a cup .

Lets just hope guys like user are wrong but so far looking at history its hard to knock him.

AVQ Price at posting: 22.5¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

RCE

Recce's R327 found effective against E.coli during clinical trial

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom