BBX 0.00% 24.0¢ bbx minerals limited

Ann: Response to ASX Query Letter, page-83

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  1. 15,705 Posts.
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    Isn't BBX awaiting what mining licence? Eldorado do Juma is nothing to do with us.
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    From BBX's website.

    ELDORADO DO JUMA

    PROJECT OVERVIEW
    Eldorado do Juma Project, is located in Amazonas State, Brazil
    BBX has signed an option agreement to acquire 100% of Minorte Extração de Minério Ltda (Minorte), which in turn has entered into an agreement to acquire a 75% interest in the Eldorado do Juma gold project (Eldorado do Juma Project). The remaining 25% interest will be held by the co-operative of Garimpeiros (Cooperjuma). Cooperjuma currently holds one granted Garimpeiro mining licence and an application for a second licence over the Eldorado do Juma Project (the Co-op Licences).
 
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