Dont forget we are still waiting for this..........
ENVIRONMENTAL APPROVAL The Public Environmental Review (“PER”) document for the Project is near completion and will be submitted this month. At the request of the Environmental Protection Authority (“EPA”), additional studies were completed during April and May, 2008 to support the PER submission. Once submitted, these documents will be reviewed by the EPA and once approval of the document has been received, it will be released for public comment. The documents seek approval for a 24 Mtpa operation to reflect the possibility of the Company acquiring additional tonnage which is currently in the final stages of negotiation with Mineralogy. Australasian Resources Ltd has produced an environmental review document that clearly commits to minimising environmental impact of the Project including the port area at Cape Preston.
ARH Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
