Hey Willow, I believe you are mistaken. The 16th Dec date is the date that significant works must be undertaken by. Being able to do this works was contingent on receiving 3 approvals. 1. Project Management plan. This was approved on 27/8 2. Mining Proposal. This was approved on 1/10 as you have noted 3. Mine closure plan. This was approved on 1/10 as you have noted.
Hence the early works have begun and they should easily fulfil this requirement by 16/12.
I believe I am correct is stating that the next step, Works Approval, has nothing to do with the 16/12 deadline date. It is required so they can build an industrial premises. Thats way down the line. Happy to be corrected.
VMY Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held