BBX 0.00% 24.0¢ bbx minerals limited

Ann: Response to ASX Query Letter, page-98

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  1. 4,791 Posts.
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    Nobody's getting sued but these guys have to put up and environmental bond and rehab the place

    Google Translate
    2. Order COOPER] UMA and Emloco lndustry and Commerce of
    Exploration and Processing of Minerals Ltda. are obliged to submit
    Emergency Plan for Maintenance or Recovery of
    within a maximum period of ninety (90) days from the date of this
    compliance with the technical parameters laid down in standards and
    administratively by the environmental and mineral licensing bodies,
    each in its sphere of responsibility, under penalty of a daily fine of
    R $ 50,000.00 (fifty thousand reais) per day of noncompliance;

    . 3. Arrange COOPERJUMA, Adeilda Pereira Bruno and
    Emblàco Industry and Trade of Mineral Exploration and Processing
    Ltda. that provide a real bond, in the amounts of R $ 110,000,000.00 (one hundred and ten
    million reais) for the cooperative and its representative; and R $ 55,000,000.00
    (fifty-five million reais) to the company Reloco.
 
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Currently unlisted public company.

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