SVL 41.9% 9.0¢ silver mines limited

Ann: Trading Halt, page-111

  1. 2 Posts.
    Oh dear, I read the last paragraph of page 156 of the Bylong mine IPC determination and I quote ‘the Project is not in the public interest because it is contrary to the principles of ESD - namely intergenerational equity because the predicted economic benefits would acrrue to the present generation but the long term environmental, heritage and agricultural costs will be borne by the future generations. (see paragraphs 806).’ Therefore I wholeheartedly reaffirm MRAG’s misgivings. Unless Bowden’s management and major stakeholders meet with the community and assuage these concerns also but not limited to: provide highest standards of greenhouse gas emissions, strenuously mitigate potential adverse groundwater impacts, traffic plan dust, noise and road impact and finally site rehabilitation upon mine end of life. This is what is necessary to avoid a repeat of Bylong’s mine fate.
 
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