Market needs intel on the status of the Ğabanintha tenements.
If we get a ‘lame’ announcement on the back of this sell down … as in approval not given, or even approval is given for the Ğananintha tenements relating to pre merger TMT holdings, but (and this is logical?) no final investment decision can be made until approval is given for the entire project
…as per the last quarterly ;
“The separate environmental approval process commenced by AVL for the minesite and CMB plant at G abanintha has continued following the merger with TMT. AVL
has been reviewing and optimising the design of the combined Project through its work on the OFS and in discussions with the Traditional Owners. AVL continues to focus on executing the approval pathway to ensure that Project changes are reflected in the EPA approval process.”
..Then I guess there’ll be even a bigger sell down : /
Oh to be young and patient?
cheers ?
AVL Price at posting:
1.4¢ Sentiment: None Disclosure: Held
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