The Queensland Department of Environment and Heritage Protection has ordered a full environmental impact statement for its project, but the company believes there may be benefits. Chief executive Simon Finnis said the order would delay the start of planned mining operations by at least six months, but Metro would use the time to maximise opportunities that accompany the EIS process.
These included the removal of the two million tonnes a year production limit which potentially allows production to be more than doubled. There would also be economy of scale improvement and the ability to increase the scale of operations to improve market significance.
Full Story
http://www.couriermail.com.au/busin...d-by-bureaucracy/story-fnihsps3-1227542750032
Courier Mail
Add MMI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $279.1M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.6¢ | $522.7K | 11.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3640922 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 2972414 | 9 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MMI (ASX) Chart |