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An Investor Guide to "Exploration and Mining Opportunities in...

  1. rocket973
    4,695 Posts.
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    03/09/15
    09:33
    Post #: 15926035
    An Investor Guide to "Exploration and Mining Opportunities in India"

    http://www.mines.nic.in/writereaddata/UploadFile/ExplorationandMiningEbook.pdf

    I note that  no time frame is given for obtaining any of the many Gov't Approvals reqd  !!!!

    I wonder if any company would now bother to apply for a Reconnaissance Permit as the new legislation states that RP holders are NOT entitled to make a claim for the grant of any  Prospecting Licence or Mining Licence.

    Why  explore for minerals in India when you have no right to convert the RP to a PL or ML.

    "Be part of an exciting high growth economy"
    IRL Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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