Going on the Arrowsmith mining lease update on the 23rd of Oct. The company expected the
ILUA to be registered on the day of that announcement. The announcement further states that the Department of Premier and Cabinet will formally notify the Yamatji representative regional entity and DMIRS of the ILUA’s conclusive registration within five business days of it occurring. Five business days would have been last Friday or Today possibly. The Company expects the Mining Leases and Miscellaneous Licences to be granted shortly after such notification.
Sounds like another announcement is due very soon going by that update. 3 Months ago I would have never envisaged having the 3 projects MLs by Xmas.
Dont get too hung up on the SP fellow holders. I still believe the Off-takes and finance announcements is when the fireworks will go off IMO. There is probably a little geo-political nerves lingering as-well.
Looking forward to the next month or so,
Cheers
MG
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