Even though we new about the withdrawn objection on the 19th, its good to see the reasons behind it. I thought we were already in Native Title so its also good to know where we are at with that.
"This now paves the way for the following major pre-production milestones to occur which is
expected to revalue the Company’s profile between now and early February 2021:
• Mining Access Application – now complete by the lifting of the Objection;
• Commencement of Native Title Negotiations (expected completion 26th Dec 2020);
• Consent of Native Title Approval;
• Mining Lease Approval MLA 74/249, and
• Mining Plan lodgement"
"In conjunction with this the company has begun preparing a pre-feasibility study at
Kat Gap expected to show that the project will be rapidly brought into production by utilising a
low-cost recovery method that will enable the Company to generate early cash-flows."
Downrampers need not respond!!
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- Ann: Update on Mining Lease Application - Objection Withdrawn
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