In the latest quarterly the coy reported that the leases have...

In the latest quarterly the coy reported that the leases have been transferred from a wholly owned subsidiary to CNQ. Mits have a 2.7% lien over the subsidiary, but no mention was made of transferring this; one would assume that Mits now has the 2.7% lien over CNQ for the $1m they have tipped in.

I would like to know if the activity of CNQ has been enough to secure the renewal of the 2 leases when they expire in December this year. Could it be possible for CNQ's leases to be snaffled by another company?

Would it be crucial for a significant event to be finalised by then, such as commencement of building a plant for the lease on which the pit sits, and some exploration or JORCing of the resource on the adjacent lease?

Hopefully we aren't sitting on a lame lemming heading for the cliff.