Approx 1 month ago SPI applied for a mining lease over the Contact deposit area.......ahead of the JORC?!? I like the confidence.
So what will SPI do now, progress towards mining it themselves or sell the lease for some capital to explore for other deposits?
Still, it may not happen right away. MZM are in the same position having applied for their Manganese Mining lease almost a year ago. I do expect Min Resources to be a suitor for both companies.
