NIC nickel industries limited

Ann: ENC Project Update, page-3

  1. 11,625 Posts.
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    Hengjaya Mine (HM) operation:
    In recent months, the engineering and design planning for the slurry pipeline has been completed and the
    Company has applied to increase the HM operating license from 12m wmt to 22m wmt.

    Sounds like good news. Not sure I understand this fully, as they mined 13.4m wmt last CY, and at HY 6.1m WMT. Does that mean that without the permit they have to reduce mining activity at some stage?
 
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