AnorTech Inc V.ANOR

Alternate Symbol(s): HUDRF

Metals & Mining Industrial Metals & Minerals

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.

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AnorTech Inc

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Post by Hideawayon Dec 17, 2015 1:56pm

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Post# 24392433

Feasibility Report

I wonder why Jamie did not reference the following when he responded to the Commissiom:

"The key studies required for the submission of an exploitation licence and mining permit are on track for completion in early 2014. These studies include a bankable feasibility study, Environmental Impact Assessment (EIA) and Social Impact Assessment (SIA). Both the EIA and SIA studies will be available to the public. The prefeasibility/feasibility study may not be made publically available in its entirety due to confidentiality issues and sensitivities during off-take agreement negotiations."

According to this extract from the Nov. 27,2013 NR a"bankable feasibility study" was completed.
Apparently the report was a prerequsite to obtaining the license. Even if parts were confidential due to ongoing discussions, one would think that Jamie would have mentioned it in his response.I have no idea what the reasoning could be but it appears a bit strange.
GLTA