Ann: Update on Faboliden Test Mining Permit and Listing on HKEx, page-13

Dear miningnut,

I have read the reports.
Apparently you refer to following, which was the situation in November 2017
"The Regional State Administrative Agency of Western and Inland Finland (“AVI Vaasa”) rejected the neighbor’s application to amend a legally valid environmental permit for the Kaapelinkulma mine. In its decision, AVI Vaasa stated that the grounds for granting the permit remained valid and in accordance with current Finnish law. A similar application had been delivered to Tukes, and was dismissed as having no basis."
https://hotcopper.com.au/threads/ann-quarterly-activities-report.3989860

What has not been reported is that when AVI did not amend its own decision people appealed
to Vaasa administrative court. You should note that this court returned Vammala permit produced by the same permit authority LSSAVI (see previous links).  If needed the TUKES mine permit challenge can be made stronger, but environmental permit is decisive issue and I would not bet for Dragon with it.
https://hotcopper.com.au/threads/do...art-mining-in-kaapelinkulma-any-time.3936668/

On the same page there is also Kaapelinkulma TUKES bond and terms discussion
"The Finnish Safety and Chemicals Agency (“Tukes”) organised a hearing to secure comment from public and private interests with regard to the value of the closure bond. Four different parties submitted information to the hearing. The Company is satisfied with the value of the bond requested by the Centre for Economic Development, Transport and the Environment of Pirkanmaa (“PIR ELY”) in their response to Tukes."
And the point is that there is still no decision about the terms and bond, and therefore no right to mine, even though otherwise suggested by Dragon.
TUKES geologists will definitely decide in favour of Dragon, but probably with higher sum than suggested by PIR ELY, and this decision would be most likely appealed. Then it could get interesting about the right to start activity before the bond and terms are not legally enforced.

Regards
NI