GOT groote resources limited

lets settle this!, page-6

  1. 325 Posts.
    Simrees1

    Just a summary of facts:

    Re GOT
    1. GR have been granted EL's on the sea to the west of Groote Eylandt.
    2. GR have applications in for EL's on the sea around and including Blue Mud Bay. At this point in time the "objection period" for these EL's has not opened.
    3. GR have completed a Marine Survey on their granted EL's
    4. At this point in time GR do not have an application before the EPBC re seismic mapping.
    5. At this point in time GR do not have a MMP before the NT Dept of Resources for said tenements re seismic mapping.
    6. GR's applications for permission to explore on Winchelsea and Bickerton Islands were rejected by the TO's and the islands placed into moratorium for five years. GR will be first cab off the rank once those islands come out of moratorium.

    Contact for verification: GOT

    Gemco
    1. Gemco mine mn on Groote.
    2. Gemco have been granted sea based EL's adjutting GR's granted tenements.
    3. Gemco have not begun any activity on their sea based EL's.

    Gemco contact: 08 89874444 and follow the prompts.

    Native Title
    1. It is possible to secure Native Title over the sea.
    2. Native Title over sea and land does not grant TO's exclusion rights but necesitates consultation and negotiation for activity with TO's.

    Verification: "Google" Native Title and search around. I will post direct contact details tomorrow.

    The ALC
    1. The ALC, acting, at the direction of the TO's,have publicly stated that the TO's oppose GR's Groote Project on cultural and environmental grounds.
    2. The ALC is pursuing in the first instance an extention into the seascape, including the areas which are covered by GR's existing tenements, of the current Environmental Protection Area which at present encompasses Groote Eylandt proper.EPA's do not incorporate the right of veto.
    3. If the extention to the EPA is attained by the ALC it will then lodge an application for Native Title over the sea scape to the west of Groote covering more than, but including, the geography of GR's granted tenements.

    For verification of the facts pertaing to the ALC the contacts are either:

    Ms. Rebecca Butler, ALC Legal Officer, email:
    [email protected]

    Mr. Ross McDonald, ALC Environment and Mine Liaison Officer, email:
    [email protected]

    I would suggest that another fact on this forum is that not all members will be posting with the intent of getting GOT's share price "back on track".

 
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