Re: “I posted that information here a long time ago.”
I must assume that you are referring to my question “Can you remember how much the Austrian Government sold “the mine” for?”
You may not be interested, but some might be?
From 05-Oct-2016
“More history....
The company that purchased the mine from the Austrian government back in 1991 paid 1 Austrian schilling for it. (au$1.47 in todays money) This company sold it in 2011 for 10M euro to ECM and pre sale the only spend was "care and maintenance" and apparently restoration work was done at some stage. Not sure who did the restoration work. The next spend was by ECM to get the mining rights in perpetuity by mining the 500 cubic m that was only stockpiled.
Under the mining license there is ((was)) a minimum of 4 months work to be done per year and they were granted a 2 year extension while they awaited the evaluation of the stockpile.
Then the company delisted after they got the rights and the extension?
So is the 2 year extension is up or nearly up and therefor they are now progressing things......
Seems like a plan to me.
(Use google to find information on any of the above.)
(I am sure that someone will correct me if I am wrong)”
