"So it looks like at least another 2 years of approvals with no guarantee that EGR will start anything." I don't deny that Stirer. Considering the lack of tangible progress over the last 12 months, I certainly would not be confident of anything 'starting' sooner.
Epanko - The development sequence outlined by management of EFA & BFS update (+ optimisation/expansion studies, RAP/ESIA update) followed by financing could well take 1-2 years.
BAM #1 - No indication as to where this will be located (new jurisdiction will require approvals reset)
Yes, you are right. More than one way to skin a cat regarding mine start-up/expansion. It looks as though management are set on expanded output upfront. Will need a lot more than $40+20M. Clearly no FID until EFA finalised, which is understandable in light of Tanz sovereign risk perception.
"So it looks like at least another 2 years of approvals with no...
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