NPM newpeak metals limited

Dear MiningnutThe money were likely for Sweden Fäboliden(or the...

  1. 851 Posts.
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    Dear Miningnut
    The money were likely for Sweden Fäboliden(or the factory?) which was indicated to cost
    74 million SEK and for Sastamala(Vammala) plant, where the voluntary additional bond
    for the new permit was more about 1,2 or 1,4 million euros.
    These would be actualy much more than the amount they asked from HK so they
    are likely using profits from high gold price also for the process.

    There are chances that bonds would be put for Orivesi mine lacking environmental bond and
    having large closing issues plus lakes with sediment contamination and water problems.
    There is likely an appeal about Sastamala asking even higher bond and Jokisivu
    is in permitting because of increased and acid forming waste.

    You may consider the prospects in Finland..
    and I'm in process to check the Swedish
    situation,
 
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