DRE dreadnought resources ltd

@pocean hopefully one of the deals being talked about comes...

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    @pocean hopefully one of the deals being talked about comes through soon for people who have had enough of waiting.
    Im under no illusion that I’m going to be stinking rich next week.
    Food for thought: In Australia the process from mineral discovery to an operational mine can take anywhere from 10 to 20 years or even longer..
    This time frame depends on several factors, including regulatory approvals, environmental and social assessments, financing, technical studies, and infrastructure development. Here’s a breakdown of the main stages.
    1. Exploration and Discovery (1-10 years): Exploration involves identifying mineral-rich a
    reas and conducting detailed geological studies. This phase can be lengthy, depending on factors such as land access and successful mineral discoveries.
    2. Feasibility Studies (1-3 years): If a deposit is deemed promising, a company will conduct studies to assess the economic, technical, and environmental feasibility of mining it. This phase includes resource estimates, preliminary economic assessments, and environmental studies.
    3. Regulatory Approvals (3-7 years): Australia has stringent environmental and social regulations. Projects undergo extensive permitting, which includes environmental impact assessments, community consultations, and various state and federal approvals.
    4. Construction and Development (1-3 years): After approvals, the construction of the mine, processing facilities, and supporting infrastructure begins. This phase also includes workforce hiring, procurement, and commissioning of equipment.
    5. Operations (20+ years): Once construction is completed, the mine begins production, typically continuing for decades, depending on the resource size and market demand.Due to regulatory, environmental, and financial complexities, some projects may take even longer.

    Good luck
 
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