BCI 0.00% 24.0¢ bci minerals limited

Ann: Quarterly Activities Report, page-13

  1. 2,989 Posts.
    lightbulb Created with Sketch. 620
    Correct MrCK.

    Here's their confession from within the 2022 Annual Report (Page 42):

    The objective of the ground disturbance procedure is tooutline a process designed to:
    • Minimise ground disturbance to the extent possible
    • Manage ground disturbance activities in compliancewith all relevant legislative and legal obligations
    • Manage ground disturbance activities withinapproved boundaries
    • Identify all known culturally and environmentally sensitive areas to prevent unauthorised disturbance
    • Identify all available topsoil for recovery and stockpiling for later use in rehabilitation works
    • Ensure all completed ground disturbance is surveyed, recorded, and reported
    Management of the GDP process involves the use of a Geographic Information System (GIS) platform, which tracks approved and active disturbance against Project clearing limits imposed by the conditions in environmental and other approvals. Quarterly flyovers to map ground disturbance are undertaken and real time location data is provided to employees and contractors on site via tablet computers to ensure adherence to environmental and heritage clearing limits.
    There were no known material breaches of ground disturbance outside permitted areas, however some minor incidents during the period have provided input to a strengthened set of procedures. The general induction pack provided to all employees and contractors who work on site includes content that clearly references the GDP process as being a key environmental and social control in use on the Project.

    Maybe some 'new arrivals' wanted to play 'lets go discover' and did a bit of damage.....????

    If I recall correctly, I believe I stated at the time it might cost them some $$$$$......

    A lot to digest in this report. Good progress in some areas but many delays in other areas. First SoS now towards the end of end of 2026. It will be mid 2027 before long, as predicted.....rolleyes.png

    And what's doin' with the Canadian's and the TSV.....???? Appears more costs are being pushed back to 'Operational Cost's......... By comparison, MIN have 3 Asian built TSV's for their Onslow Iron Project already, as follows - "Successful completion of first transhipper sea trials, with the first two transhippers scheduled to arrive in April 2024."

    Busy week for me. I'll review in more detail over the weekend.

    GLTAH.
    Last edited by macssharesforfun: 29/01/24
 
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