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Message: Mining + R&D Initiatives

I have some complementary questions... Questions which were answered in the last Q&Q session back in April but not to my full satisfaction.

Q&A - Second Batch Of Responses

Hello,

 

as some of you may know my reason to invest in SX was not its blockchain technology but its other assets like the nickel projects (e.g. the Julie) and its efforts to develop eco-mining processing solutions in cooperation with its JV Partner Strategic Metallurgy Pty Lt. (www.strategicmet.com). Gary Johnson and its team (Mark Urbani, Nick Vines..) have a proven track record and this are capable people who have a lot of experience with different commodities (K-Max, L-Max...) "Strategic Metallurgy Leading Consultants in Nickel Sulfide Metallurgy". Also Enrico Di Cesare has a lot of experience and in my opinion these technologies could be the real gamechanger for SX over the coming years. Rome wasn't built in a day and trial and error is part of this process...

 

1) There is only limited information available when it comes to these R&D initiatives and I'd appreciate if you could provide more information. As mentioned by Frank in the 1st Q&A session they made a breakthrough with Enrico Di Cesare and Gary Jonson on some of these initiatives ...

 

1.1) What is the state of play & what are the priorities in this regards right now?

1.2) Frank mentioned an "undisclosed group" that is part of the R&D Operation team. Could you explain what role this undisclosed group has and why full disclosure of the people involved is not possible?

2) When will the field work on the Julie Nickel Project actually start?

3) The acquisition of Iceland Resources was a major milestone for SX and as far as I know "Thor (Þormóðsdalur) is your flagship project. However, Iceland Resources has an obligation to complete an additional 3,000 meters of drilling and publish a NI 43-101 compliant resource in order to complete the earn-in agreement and to crystalize its initial equity position of 41% of the joint-venture on Thormodsdalur.

3.1) How long do you have time to actually perform the drilling to complete the earn-in agreement?

3.2) "There is some resistance against the building of a mine at the local level from some of the people from the village adjacent to the potential mine site." Any improvement  of the situation so far and what are you doing about it? 

4) The access to most information on the SX website is restricted. Why?

5) When can we see an updated corporate presentation - now that ZEU is history?

6) What's the purpose of having so many subsidiaries?

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