I'm guessing that process is that they allow 30-45d for the authority to review. I don't think we're out of the woods just yet though as if there's anything still questionable, they could push it back for further public or government review.
But this is a major milestone. Not necessarily a derisking event (so likely no major SP movements) but this means the clock starts on MAPRAMA providing us with approvals. End of June we should know what's going on.
Probably the least few weeks the SP will be below $1.10 IMO. If you back this company, there's never been a better time to buy.
Ann: Formal Responses to Government on Muga Project Submitted, page-6
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $122.4M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $92.34K | 312.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 329089 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 25000 | 1 |
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| HFR (ASX) Chart |