CAZ 0.00% 1.5¢ cazaly resources limited

rio

  1. 25 Posts.
    Research shows that this wasnt Rio's only bugger up:
    Expiry Re-application new tenement
    E46/8 11/02/1989 18/05/1989 E46/209 (Shovelanna 1st time)
    E47/39 14/09/1990 3/10/1990 E47/537
    E47/40 14/09/1990 3/10/1990 E47/538
    E47/57 14/09/1990 3/10/1990 E47/539
    E47/58 14/09/1990 3/10/1990 E47/540
    E47/59 14/09/1990 3/10/1990 E47/541
    E47/60 14/09/1990 3/10/1990 E47/541
    L47/11 18/02/1998 15/04/1998 L47/42
    L47/13 16/08/2005 14/09/2005 L47/162

    In regards to the rent i also looked at all EL that expired for the 5 year period prior to 29 August 2005 (Application date for Shovelanna) and found about 20 EL's that had paid the rent and not lodged extensions. Whether these were deliberatly allowed to expire or were accident who knows.

    A company like Rio would pay there rents for each month at one time. Probably a different person responsible for the rent and someone else for the extension of term

    Paying the rent had nothing to do with it. They paid the rent on L47/13 and never lodged an extension of term. They couldnt blame a courier on that one as it was been lodged in Karratha not Marble Bar.

    I dont agree with the decision.

    Anyone who says that CAZ shouldnt have lodged their application or shouldnt have fought dont understand the Mining Act or the Mining Industry. They should be investing in Blue Chips. Stick with something they understand.

    I dont believe that there was corruption. There is a saying I heard many years ago that went something like "I much prefer it when Labour are in Government, all they want is a seat on the table whereas When Liberal are in you actually have to give them money". I just think that Carpenter & Bowler thought that they were bigger than they actually are as they were mixing it with the rich.

    Shovellanna is dead. Long Live Shovelanna.

    CAZ will be back

 
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