Ann: Quarterly Activities and Cashflow Report-QBL.AX, page-23

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coppa1

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08/11/16

21:05

Post #: 20463431
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Originally posted by corona ↑

Ok, I'll talk about the elephant in the room.
Surely you all read this?:

"..however the finalising of the EA with the DEHP could only take place once the parameters of the grant of the MDL by the DNRM were detailed to the Company so the Company could finalise the work programme accordingly. The Company is now working with its environmental consultants and with the DEHP to finalise the EA."

"The conducting of work under the MDL is subject to the Company finalising the approval from the Department of Environment and Heritage Protection (DEHP) to operate under an Environmental Authority License (EA)."

So they have a month or more to resubmit changes to the Work Program for the DNRM. Then they wait for the MDL (it'll be Christmas/New Year/Hannukah or whatever by then). Then they might get an MDL with the parameters of grant. Then they prepare the EA, submit the EA and then wait again....

Anyone want to take a stab in the dark as to what minimum timeframe you're maybe looking at? Maybe we should run a HC sweep?

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If you put MLM in the sweep to become a producer/seller/shipper of 800k ton pa of DSO first I will take it with fists full.

These guys will never get permission to destroy that land, its just an avenue for the gutnik/Feldman crew to live like kings in bondi for free

QBL Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

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