NAG 0.00% 1.1¢ nagambie resources limited

Ann: Update of NELP PASS Storage Bid, page-35

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    dbl

    That is the key sentence.

    Reuse is preferable to disposal. That is the case for all disposal. Even if the material does require some form of treatment to enable it to be reused, that will always take the place.

    Apart from not getting any backfill contracts to backfill the pits. ERR are on the warpath at present re-assessing all environmental bonds associated with Mining Licences and Work Authorities. Having lost the ability to commence backfilling the pits, NAG will now have to post a significant increase to the environmental bond they presently have.

    Double Whammy

 
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