SVL 4.17% 10.0¢ silver mines limited

Ann: Trading Halt, page-94

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  1. 1,057 Posts.
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    "Seriously though, I do not get this decision. The judge could have just thrown it out and put one condition on the mine, i.e. "sort ya power out, before you dig". It's just a waste on dollars and time now. Lawyers always win of course.All is not lost, as @Fernit states "it's just a delay of 6 months", IMO, maybe a year given the speed of NSW Gov, etc."

    Until we get clarification from the company on the path forward, timelines are a bit of a guess but while it will be a delay, they weren't even planning to start the build until next year (which will need the licence) so there is still work happening such as optimisation studies and engineering studies for the DFS so all of that can continue while they secure the IPC consent as well as of course their exploration work so it's not like this is a full pause and dead time ensuing.
    Last edited by Fernit: 17/08/24
 
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