The fact that TR70/3156H was designated for mining prior to the area becoming National Park does not follow the general rule of "we were here first".
I always thought that National Parks takes presidence over mining, once the area has been designated a National Park.
If this is the case then why did UKD apply for the lease?
This piece of the puzzle raises more questions then answers:
* Did National Parks claim the area for the purpose of restricting the area to future mining?
If so, then:
* Why can someone apply for a mining lease within this National Park?
* Under what conditions was the area designated as a National Park?
Personally, I think that the only way to resolve this issue is to simply ask the directors.
- Forums
- ASX - By Stock
- UKD
- ukd new iron ore lease application
UKD
united kimberley diamonds nl
ukd new iron ore lease application, page-6
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UKD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online