EMP get Permit Extension, page-2

Im finding it very difficult to see how they will drill it in this time frame actually. I have been in and out of the stock before.
Going back off past announcements

They got another extension back in end of 2020.
And in feb 2018.

They still have to do re submit drilling plans and environmental plans. That have a mandatory period fir public comment and stakeholders .etc they will also have to ground site survey before drilling .


Time frames dont add up to me.


See announcements
17.2.2021 pre feed completion.
23.12.2021 update
2.3.2022 agr well and e.p

31.3.2023 update
23.8.2024 lease renewal application.

The cyrano r3 retention lease is now surrendered since when they sold sold The potential royalty is now dead i would guess.

I may not be 100% correct but very tight time line if you have a look at what they have to achieve.

A decent amount of money to put out before they have a partner to achieve this. Maybe they could get some back costs on getting a joint venture.

Where does this put the gold project to possibly fund this it could be a poor return on investment and cost them a whole lot ofvtime and money they dont have yet.

I am trying to see the positives but its not very clear