It would have been a number of weeks since the Annual Report was sent to the auditor to consider and feedback.
Looking at the usual timing the AGM should be announced in the next few weeks; we will surely have an further uranium term price improvements.
The annual report appears to reference the EBRD - Jump Programme. Articles state they are looking at 10 or so Junior Mining companies to invest into at some point. EU due diligence overall will be mid Oct & Nov - in order to meet the Dec "Strategic Project" application assessment timeframe. The EU CRMA experts will be blow-torching feasibility and infrastructure - something a lot of projects are lacking. EU mainland based projects haven't even started getting their permits - the EU CRMA is said to "fast-track" these to 24 months.
Some applications apparently are applying even though their tenement is at "application" phase only and lack any progress.
The significance of the EIA and SIA will be advancing the mining licence - and SWF investment requirements, so thankfully the Ivigtut project is more advanced than most under the Greenlandic mining framework; and not under the non-existent EU framework.
EPM Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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