MPJ 0.00% 0.0¢ mining projects group limited

Ann: Pilbara Lithium/Gold project - acquisition update, page-25

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  1. 1,406 Posts.
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    Not sure what the issue is? I think some have missed the point and key words......
    The Feb 4 ann clearly states that the mapping, rock chips etc is part of the evaluation survey (e'g' Due Diligence).....

    Aggressive project evaluation underway
     Pegmatitic (Spodumene) trends confirmed
     Ultra-detailed airborne magnetics/radiometrics survey confirmed
    Mapping, rock chip, soil sampling underway
     Advanced geological/geophysical/geochemical data evaluation
     Drilling to commence asap
    (Sure, the drilling could have stated "After Acquisition has been completed)....

    They can't start detailed ground exploration (Drilling) until the Acquisition is complete since we don't own the tenement. They can't complete the Acquisition until shareholder approval, which will be at the EGM in April.......
 
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