Upmarket,
I don't take some posts seriously so when someone says they don't require public approval to drill I find that silly.
I have recenty asked about the requirements to drill and received a detailed list of approvals required that are pending:
"Advent (Asset) has lodged all necessary approvals with relevant state and federal government bodies. These include: the Environment Plan, Oil Spill Contingency Plan, and Drilling Program with NSW Dept Industry & Investment; the Revision to the Vessels Safety Case with National Offshore Petroleum Safety Authority; and Referral under the Environment Protection and Biodiversity Conservation Act with Department of Environment, Water, Heritage and the Arts. We will advise the outcome of these in due course."
SO its not as simple as you and others make out! I have asked the pertinent question on why they would have paid the drill contractor without all approvals being sorted!?? This to me is possibly negligent behaviour and concerns me greatly. If I understood better the confidence behind this kind of action I'd be OK, but to date everyone here and in MEC/Advent has no clear advice to say everything is approved.
I am a holder and looking to increase that position but want to make sure that my hard earned is as assured a good outcome, this year, as I can. Without these approvals we ain't touching the water, let alone the ocean floor!
Happy to see someone give me a definitive answer on approvals.
Jazza
- Forums
- ASX - By Stock
- MMR
- drilling schedule
drilling schedule, page-25
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.236M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MMR (ASX) Chart |
Day chart unavailable