Interesting read srood - thanks for posting.
My gut feel, after reading some of the hearing documents, this document and the transcript of the limited hearing session held before the Hearing (to give members of the public a chance to state their issues and concerns), is that the unplugged bore holes will be the key issue for the ASLB.
As identified during the Hearing, there are 1,382 holes the company is responsible for plugging, and they have apparently only found 1,265 and plugged 55. As also argued by the intervenors' expert witnesses and several of the limited appearance speakers, these unplugged bore holes are what make it possible for contaminated water to travel both vertically (or 'uphill' as hangseng puts it) and horizontally.
Strata’s currently issued permit requires that it "make a good faith effort to find and plug and abandon any open bore holes inside the ring of monitor wells"
I get the feeling that ASLB will beef up this requirement - to specify what Strata must do rather than rely on its 'good faith'. They will realise that that is consistent with best practice and will likely ago a long way to appease the environmental lobby.
If this is the extent of it, there will be time and cost penalties, but the license conditions will otherwise be confirmed.
Having said that, there are, of course, many other potential scenarios.
- Forums
- ASX - By Stock
- PEN
- Decision on uranium permit due in January
Decision on uranium permit due in January, page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $318.7M |
Open | High | Low | Value | Volume |
9.9¢ | 10.5¢ | 9.8¢ | $618.9K | 6.196M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 93865 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 8851512 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 93865 | 0.100 |
8 | 854285 | 0.099 |
10 | 810828 | 0.098 |
6 | 1053792 | 0.097 |
10 | 3093259 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 8686512 | 55 |
0.110 | 3507425 | 38 |
0.115 | 3955817 | 27 |
0.120 | 5649783 | 38 |
0.125 | 1607033 | 17 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online