FAQ #13 EPA Referral?

Why have BAJV not referred the Felicitas project to the EPA?

We can’t say for sure, but it is most likely due to the Funding Dispute between Yankuang Resources and Bauxite Resource Limited, as the JV seem to be reliant on Chinese funding for everything. From what has been released to the ASX, BRL have even stopped exploration as they rely on the synergy between Yangkuang and BRL. In other words they rely on the 70% funding input that the Chinese put into the JV.

 

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