ann headlines: Mine permitting will now be initiated based on the PEA with potential for a further US$3.5 million to be advanced in the near term
CEO's comments: We will now initiate the permitting process
It's all wishy washy isn't it?
There's no indicative timelines for completion and subsequent submission of permitting docs, which there should be at this stage. The language around the mine permitting in the ann compared to CEO's comments is just different, words matter, is it the process being initiated (what part of the process are they at?) or are they well down the track and it's only dotting the i's and crossing the t's then submitting the documents?
... crucial to their immediate financial position is 1) the actual submission date of the permitting documents and 2) the checks and balances and time allowed for payment by Taurus. Note the wording in the ann where it states "potential" for further US$3.5mil in the "near term"
It's wishy washy.
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