CUY 0.00% 14.5¢ curnamona energy limited

very quiet here, page-9

  1. 157 Posts.
    I emailed them and asked. They are quite friendly.

    I don't know what will be in the draft response, the few details I have end up on HC.

    Here is the guts of the time line as outlined to me by PIRSA

    "Although Oban Energy are applying for a Retention Lease, the process for granting the tenement is exactly the same.

    The Proposal is a separate document to the MARP. However the changes to the document are often very minor for it to change from being a Proposal to being a MARP.

    If the Retention Lease is granted, PIRSA will require a MARP (which often does not look very different to the proposal). The MARP will need to contain any updated information that was required from public consultation.

    The MARP is the only other document that PIRSA require for approval. However there may be other approvals required under other legislation.

    After the public consultation period ends on 11th April, the company must prepare a response document to all submissions and provide this to PIRSA (could take 2 weeks but it depends on the stakeholder concerns).

    PIRSA then undertake an assessment of the proposal and prepare an assessment report. This usually takes about 4 weeks.

    The Assessment report is considered by a Committee (which meet every 2 weeks) and the Director of Mines. If the Retention Lease is supported, it can take up to 2 -4 weeks to prepare formal documents, and for the company to accept the lease offer.

    The next time frame after this is the approval of the MARP. This is dependant on the required changes to the document and how long it takes for the company to do the changes. This could take about 4 weeks."

    So all up thats 2-3 months from now i figure.

    hope this helps
 
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