WMC 0.00% 20.5¢ wiluna mining corporation limited.

carpenter and bowler made a big deal about the "intent" shown by...

  1. 257 Posts.
    carpenter and bowler made a big deal about the "intent" shown by Rio (eve though not a consideration in the Act) with regard the payment of rent and paperwork being sent.......no excuses from WES to date, just admissions

    the other big difference is that the WES tenements where held as Retention Licences whereas Rio held Exploration Licences....the argument will be that they where retaining till that point in time that the deposit was economical, thus there is some "intent". The section on Forfeiture for RL and EL are the same in relation to expiry if not renewed on time
 
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