I haven’t posted in a while but I’ve been following developments very closely.
There appears to be activity happening behind the scenes in preparation for the mining site setup. Multiple tenders have been issued to market, covering a range of operational requirements and the company has recently re-engaged key personnel to support the mining phase.
While an approved MMP is already in place, it is currently undergoing revision to increase the approved saleable tonnage to approximately 50,000 tonnes per month.The delay in finalising the revised MMP seems to be linked to recent changes within the Northern Territory Government—specifically, the resignation of a key official and the appointment of their replacement—along with some minor amendments to the plan itself. Based on the current timeline, my guess would be approval could be granted by late May, or by mid-June at the latest.
I remain confident that mining operations will commence in the next 4-6 months.
Good luck to all shareholders.
AEV Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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