Well possibly if they had the mining licence, there wasn't a takeover and ESS management were to make immediate commitments around contract digging and crushing, although I suspect even with all these things in place it might be more than 3 months. The Mining licence can't have come through because that would be a price sensitive announcement and it hasn't been made.
They haven't announced contract arrangements for digging/crushing and while much shorter than the lead time for DMS / Flotation plants, I suspect there would be a lead time. The scheme of arrangement is likely to prevent the commitments required for a DSO operation being agreed. IMO there is no DSO decision and DSO preparation occurring until the outcome of the scheme of arrangement is known.
Well possibly if they had the mining licence, there wasn't a...
Add to My Watchlist
What is My Watchlist?