VMY 0.00% 19.0¢ vimy resources limited

Ann: Management Change - Chief Financial Officer, page-30

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  1. 297 Posts.
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    Hey Willow,
    I believe you are mistaken. The 16th Dec date is the date that significant works must be undertaken by. Being able to do this works was contingent on receiving 3 approvals.
    1. Project Management plan. This was approved on 27/8
    2. Mining Proposal. This was approved on 1/10 as you have noted
    3. Mine closure plan. This was approved on 1/10 as you have noted.

    Hence the early works have begun and they should easily fulfil this requirement by 16/12.

    I believe I am correct is stating that the next step, Works Approval, has nothing to do with the 16/12 deadline date. It is required so they can build an industrial premises. Thats way down the line. Happy to be corrected.


 
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