Ann: SVL Secures A$30.2 Million Convertible Debenture Funding, page-56

Further information that might be useful. The process within the Federal Department goes like this:

The Minister receives the recommendation of approval from the IPC and NSW Department.

The Minister makes their proposed decision and sets the proposed conditions of approval and notifies the proponent and the relevant federal Minister/s for comment.

The proponent and the relevant Ministers may request changes / further conditions to the approval.

Once the conditions of approval are finalised, the Minister grants approval.

The wheels of government grind slow, so you can see why extensions occur.

The above is a summary from the Mangoola Coal Continued Operations Project. The information comes from the document titled “Statement of Reasons”and the approval process is outlined starting page 4. The EPBC number is 2018/8280. Link below.

https://epbcpublicportal.awe.gov.au/all-referrals/project-referral-summary/project-decision/?id=a446ed13-5922-ec11-80c9-00505684c137