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Ann: Committee meets to progress Lulo Kimberlite Exploration JV, page-20

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dangar

5,038 Posts.

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09/09/24

11:21

Post #: 75590026
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Originally posted by dangar: ↑

According to the ann, the committee first met 'last week' - presumably between 17 and 21 June. 90 days from the 21st is 19th Sept.

I presume the minister then has to approve the report before the agreement can be signed. No timeline on that component...

Been 7 full weeks since the first meeting, no more than 6 to go. Maybe.

Apparently the committee 'must' report in 90 days. I guess they get flogged with a wet lettuce if they are late. Wanna take bets on the committee being granted an extension?

Expand

If we give any credence to the 90 day timeline, the report should be tabled by the end of next week. What will happen by Friday next week?

Absolutely nothing?
Ann saying report is complete and given to the Minister?
Ann saying the committee has been granted an extension?
Ann that the new MIC has been fully ratified and execution is imminent?
LOM Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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