Member Info for liam7600

Dear In response to your query, we are currently awaiting the approval and issuance of the Environmental Impact Assessment by the Regional Government which would enable the granting of the full Mining Concession. The technical review and draft Environmental Impact Assessment completed by the Administration in Salamanca and recommended by the provincial government was forwarded to the Environmental Department in Castilla y Leon in the late summer. It is now going through an approval process which we believe is in the latter stages. We have strong support for our proposals both provincially and regionally. This was most recently highlighted through a meeting that Saloro (our Spanish subsidiary) had with the Minister for Employment & Economy in the Castilla y Leon Region (who is also Vice President of the Region), the Vice-Minister for Employment & Economy, the General Director of Mines for the Region and the Mayor of Barruecopardo, who is a strong supporter of the Project. The Minister confirmed his support for the new mining operation at Barruecopardo. This was reported in the local media (see below). This meeting is one of many meetings and presentations that Saloro has held with key individuals and institutions during the permitting process. We are strongly supported by the local community to which the re-start of mining operations will bring tremendous benefits. I hope this goes some way to answering your query. Best regards,

Awax i admire your positivity however disting does have a point about the buys/sells and its effect on share price. The sonner the spanish give us our permit the better at least that will be one less thing overhanging this share.

fairly sick of form 38.5 in Rns's pull the finger out Spain and give us the Rns we need/want

Cheers Guys , thinking it will be bank finance also. we have a great asset here with tungsten prices holding up rather well, so fingers crossed,final permit approval soon and then onwards and upwards

Any ideas as to how they are going to raise finance assuming they cross the final permit approval. My one concern is that they may tap existing shareholders . Long term holder

http://static.rasset.ie/news/business/morningrep/download/2013/0410davy.pdf

its great to see a bit of discussion on this board its far too quiet at times, Granted i hope we never go to the extreme of some other boards where people just talk crap about mm's and ramping just for the sack of something to say, Good luck all in your ORM investment

fair comment, on both points. My only other worry is that with the nervous jitters in the world markets,our potential financiers may drive a hard bargain in terms of the cost of finacing the deal,lets hope we have alot of suitors in that regard

You need to address that funding question to L200, He's the one with the post saying that, if its true its marvellous news. The sooner they get it nailed down the better of course. The seas ie world markets particulary in europe are getting ratherchoppy again. Thankfully this is alow cost mine and they can make some money even if tungsten prices were to drop to 350 Mtu (may have that figure wrong ) IMO DYOR

i'll second that , lets hope they get that funding in place

http://www.rte.ie/news/business/morningrep/download/2012/0927davy.pdf

very quiet board. Any thoughts on where this company/share price is headed ?

http://www.rte.ie/news/business/morningrep/download/2012/0328davy.pdf

The addtional funding for the mine set up is the ''Elephant in the room'' me thinks

In here at 31 s/p so nursing some heavy loses, lets hope that something comes through in the drug pipeline, cash situation healthy but we need some news