RMI states in the deal, that Finnish government is very supportive for the mining.
This company is the major national scandal in Finland today.
Major TV-channel MTV showed the reservation businesses of Patnaik's element companies
claiming almost 1% of the whole Finland and nameless dealing behing cover up-companies.
The companies have not answered to Finnish media inquiries.
The activities in national parks and in the Sapmi regions were revealed
The Twitter pictures of Kabunga and element dealer company´s Tavassoli were shown in the show.
The show "Asian ytimessä" "In the core of the matter" show 9.11.2022 from 20.00,
can be watched until 31.12.2023 in the website:
https://www.mtv.fi/sarja/asian-ytimessa-10005558/asian-ytimessa-1671274
Mika Lintilä, minister of economic affairs, said in the show that the reservation dealing
is among the most horrific examples ("karmeimpia esimerkkejä").
He pointed out that municipalities will have the right to decide about mining because of change of mining law.
It should be also noted that majority of the land owners will have the right to deny the exploration.
Possibly a part of the due diligence should be asking the municipalities and neighbours?
This in case exploration would be really the aim of the company?
An exploration permit authority in Tukes Keskitalo said, that he would not invest based on the data represented by RMI pages.
The boss of Finnish mining industry, Pekka Suomela, criticised the companies and said that the reservations are hardly worth anything.
From the titles of the TV show
Why on earth is a foreign mystery company applying for millions in financing for a non-existent mine in a nature reserve from the Australian stock market - who are behind the huge reservations and how is the mining business in Finland operated?
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Mine Minister about RMI-element92: Horrible example
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Mkt cap ! $13.95M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 566000 | 0.016 |
5 | 2350108 | 0.015 |
1 | 714285 | 0.014 |
1 | 100020 | 0.013 |
Price($) | Vol. | No. |
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0.020 | 75283 | 1 |
0.023 | 75000 | 2 |
0.024 | 580000 | 2 |
0.025 | 25000 | 1 |
0.026 | 25000 | 1 |
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