"The assessment fee for a major project mining application (capital cost of more than $1million) is based on the capital cost of the project and the project’s location, and is currently capped at $250,000. The cap comes into effect where a project has a capital cost of more than $100 million in a local government area or in a reserve established under the National Parks and Wildlife Act or more than $200 million outside of these areas.This cap will be increased to $500,000 from 1 July 2024.This will have a flow on effect to application fees for Programs for Environment Protection and Rehabilitation (PEPRs), because the initial PEPR application fee is set at 50% of the cost of the relevant mining lease assessment fee. The maximum PEPR application fee will increase from $125,000 to $250,000"
If they submitted the mining lease when they inititally did the capital raise for it they could have saved a substantial amount of money!
- Forums
- ASX - By Stock
- Ann: Entitlement Offer closes raising $1.17M, Shortfall commenced
"The assessment fee for a major project mining application...
-
- There are more pages in this discussion • 92 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add MGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.76M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.5¢ | $12.96K | 72.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90048 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 31235 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 90048 | 0.175 |
6 | 128000 | 0.170 |
2 | 11200 | 0.165 |
1 | 50000 | 0.160 |
1 | 10000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 31235 | 2 |
0.195 | 52668 | 4 |
0.200 | 132206 | 3 |
0.205 | 49999 | 1 |
0.220 | 42000 | 2 |
Last trade - 12.57pm 04/10/2024 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |