yes, we all wanted it approved more than 2 years ago, but I guess the conditions must be stringent and these mob had some issues in their application.. so a double whammy of sorts... but I think this preliminary grant and the final approval for a continuous approval have quite a lot of similarity in terms of application... so if this paper work is approved, the 2nd one should become a lot easier... of course, they will be on high alert while getting this first 50KT order through as this will form the basis of the final approval which is the end game... this approval is important because without this we cannot prove the strategy....
re price for our dirt - I say there has to be a market for DSO or else they may have not bothered to go through all these steps just to discover there is no buyer at the other end... I followed bauxite prices until last year (not at this time) and I think just like Cu/Zn/Ni it was in a uptrend... I guess it should give us some $$$ in the bank after all these efforts...
I think, not too far now... sometimes in 2017 we may see the back of a DSO carrying ship leaving Port Mourilyan ...
QBL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
