I dont think you are following. They are claiming the lease tailings on their assets. This is a one way ticket to fraud. IM not claiming anything is valid, Im asking why would they submit obvious fraudulent documents to the SEC?
Would RITE own a lease directly?No. Mining companies don’t do that. Subsidiaries hold the leases. That’s exactly why the $180M Reg D exists.Its entire purpose was to acquire the subsidiaries that already control the mineral rights and leases. So the better question isn’t “What lease does RITE own?”It’s Do you understand what the Reg D transaction actually did?
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