first extract was from page 3 andsecond extract (page 9)below...

first extract was from page 3 and
second extract (page 9)below from 2012 annual report

wdlac.com.au/publications


Reward Minerals
In December 2011, Martu signed an ILUA with Reward Minerals
Ltd (Reward) in relation to Reward’s proposed Potash project
on Lake Disappointment.
From September 2011, through to the execution of the
ILUA, WDLAC and Reward undertook a comprehensive
and intense negotiation process, this included visits to the
Lake Disappointment site by members of the Negotiation
Committee and other senior Martu.
In April 2012 a further and comprehensive heritage survey
was conducted over Lake Disappointment. This survey further
confirmed the position that the project was endorsed by Martu
subject to strict adherence to heritage and cultural protocols.
The ILUA provides for strict adherence to heritage and cultural
requirements by Martu. This includes areas designated as
“no-go areas” where Reward is not permitted to enter under
any circumstances.
Throughout the negotiation process the parties conducted
the negotiations with both respect and integrity given the
timeframe in which the ILUA was negotiated. The negotiation
committee remain fully committed throughout the process
to ensure that Martu’s rights and interests were protected
particularly in relation to matters of heritage and cultural
significance, given the importance of Lake Disappointment to
all Martu people.
Both parties agree the management of heritage matters is a
high priority, in both the construction phase of the project and
the production phase, which is anticipated to commence in 2014.
The ILUA provides many benefits to Martu. This includes:
- a significant bundle of share options;
- royalty and production payments;
- preferential contracting;
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