An approved Feasibility Study is in hand in relation to the...

An approved Feasibility Study is in hand in relation to the proposed road construction required to facilitate product coal haulage from Ovoot. During the Quarter, community consultation in relation to the road DEIA was completed within the nine local government areas (baghs) that the road route passes. Supported by written confirmation of this community consultation, the DEIA report and Detailed Design is expected to be submitted shortly for review by MNET and MRTD experts respectively, with approvals targeted within the March quarter. The Company is hopeful that these will be received favourably by the respective ministries, on basis that the proposed road development is aligned with plans announced by the Government of Mongolia in 2023 to connect all aimag centres (provincial capitals).

So we have support (in wriiting) from all the local areas the planned road passes through. For me this is the only barrier we face and once through Central Govt departments for the stamp. and yes we can get delays, but I think we are off to the races and a green year(s) ahead. nearly excited but lets wait and see as they contiune to hit the milestones.