Ann: EPA Amendment Approval Received for Sorby Hills, page-23

First 23 Last

Share
Profile

Follow
Protagonist

6,933 Posts.

1333

08/08/22

09:39

Post #: 62977247
Share

Originally posted by Gareth3h: ↑

I'm not saying there is much risk to the mine development. Amended approvals are still required though as far as I am aware, and for the main works. I will email Simon for clarification on EPA approvals and amendments for both early works and main works. My point is that this is now another deadline that management have stated and missed.

To be clear, I am heavily invested and supportive of BML, I just want targets to be hit or changes clearly communicated. Not like when the DFS delay was announced on the last day possible (day it was supposed to be due).

The DFS is likely to be 5-7 months delayed (from it's revised due date of end May 2022). That's a significant delay to get some further inputs such as mine services pricing, now the study and costing for the new green power route to the mine etc. 1-2months delay, yeah sure but 5-7months, come on lets start to be critical of management and these sloppy timeframes.

Are management going to tick all boxes this side of Christmas for Decision to Mine to occur?
The last investor presentation to include a Gantt chart was back on 11th April. Since then the Gantt chart for timelines has disappeared. Why is that?? Having deadlines such as H2 2022 for the DFS provides no accountability in my opinion. Are they working towards the 31st December 2022? Or was it the 31st July 2022? Which part of H2 2022 is it?

Expand

"The last investor presentation to include a Gantt chart was back on 11th April. Since then the Gantt chart for timelines has disappeared"

Yeh I noticed that. The mgmt team is obviously trying to keep its options open to the greatest extent possible (and possibly also wants to avoid further missed deadlines by not committing to any new ones)

BML Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

There are more pages in this discussion • 1 more message in this thread...

First 23 Last

Add BML (ASX) to my watchlist

(20min delay)
Last 9.1¢		Change 0.000(0.00%)		Mkt cap ! $21.23M

Open	High	Low	Value	Volume
9.2¢	9.2¢	9.0¢	$16.95K	186.7K

Buyers (Bids)

No.	Vol.	Price($)
1	37999	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.3¢	16286	1

View Market Depth

No.	Vol.	Price($)
1	37999	0.091
1	2471	0.090
1	16853	0.089
1	75000	0.088
1	75000	0.087

Price($)	Vol.	No.
0.093	16286	1
0.095	50000	1
0.100	33124	3
0.105	115380	2
0.110	372500	2

Last trade - 16.10pm 31/07/2024 (20 minute delay)

BML (ASX) Chart

Ann: EPA Amendment Approval Received for Sorby Hills, page-23

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: EPA Amendment Approval Received for Sorby Hills, page-23

Top Stories

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News