PCL pancontinental energy nl

Ann: Quarterly Activities Report, page-11

  1. 5,335 Posts.
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    I'm not going to read into it too much - but it does read fairly positivly. The preparation for upcoming meeting in mid-Nov is an interesting one - let's disect it a little:

    "PCL is preparing for meetings with the PEL 87 Joint Venture and Ministry of Mines & Energy in Windhoek in mid-November 2024"

    - JV (that includes NAMCOR, PCL, CUSTOS (sintana), and potentially WDS if they farm-in). Why meeting MME?
    - Mid-Nov is a vague timeline - indicating is has potentially not been scheduled; or we are pending something before then (seismic license?)
    - What role in the process does the MME actually do? ie, does this sentance imply that NAMCOR is on the verge of approving the seismic license; and then we get a final approval from MME , and start environmental permitting for drill processes, etc?

    https://www.mme.gov.na/services/

    Patience.
 
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