RE: New presentation19 Dec 2022 15:43
Article when Fenix were granted Native Title:
https://themarketherald.com.au/fenix-resources-asxfex-finds-common-ground-with-native-title-group-2020-08-19/
"Fenix’s agreement with the Wajarri Yamatji Group includes a number of stipulations, including a modest sign-on fee, ongoing royalty payments, and indigenous employment targets. The company will settle the sign-on fee by issuing 2.5 million new shares in Fenix to a nominee of the WY Group."
So native Title may not be served on a plate, UFO says "negotiations ongoing"
Fenix’s agreement with the Wajarri Yamatji Group includes a number of stipulations, including a modest sign-on fee, ongoing royalty payments, and indigenous employment targets. The company will settle the sign-on fee by issuing 2.5 million new shares in Fenix to a nominee of the WY Group.