KGL 6.98% 10.0¢ kgl resources limited

Im not buying the need for another totally new environment...

  1. 1,091 Posts.
    Im not buying the need for another totally new environment report yet.

    Yes, the news articles yesterday did mention the need for a report. But does this mean a review of the original one which could take day/weeks? or a whole new report with new analysts etc visiting the site?

    If it was the latter then that would mean a couple of months worth of delays and in my opinion is a material event affecting the projects potential. As such I would suspect that an announcement to the ASX would have to be made.

    If on the other hand it is just the parliament/stakeholders sitting around saying that Kentor need to commit to meeting a couple of criteria then I believe this would fall under the current negotiations and not warrant a market update.

    Just my 2c.
 
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