A quote from CVS
“PNE actively explored the leases in 2011 and 2012, but lack of funds brought work to a halt in late 2012, until a change of strategy in late 2016 saw PNE rebadged as European Lithium (ASX: EUR), with the gold leases then being sold.”
The above quote does not mention PNE’s 2015 annual report vote of no confidence and it also conflicts with the following from 13-Mar-2013
“Paynes Find Gold (ASX
NE) has started producing alluvial gold from small scale open cast workings at its project in Western Australia.Recently, it got approval from the WA Department of Mining and Petroleum to start mining and processing of alluvial gold utilising alluvial gravity circuit with mill and Knudsen concentrator.”
https://www.google.com.au/amp/www.*.com.au/companies/amp/news/160601
http://www.cervantescorp.com.au/pdf..._Find_Gold_Acquisition_and_Project_Update.pdf
