General discussion, page-3860

if the tenement area already has an existing mining lease approved already, this greatly reduces red tape by about 2-3 years. I asked WA1 management at a general meeting last October and unfortunately this is not the case. Hence they need to do the environmental impact studies, flora and fauna studies etc before putting submission to the department of mines to be granted a minnng licence. Coupled with engineering work to build camp sites for a potential workforce, look at optionality for downstream and upstream processing, transport and logistics, securing funding from capital markets etc. This unfortunately takes time, even years. As a reference, Chalice Mining made their discovery hit in March 2020 (approx 90 mins drive from Perth) and don’t expect to begin mining until early 2029 , assuming they make a final investment decision in 2025/2026 to go ahead and then clear all regulatory and red tape government approvals. Not cross promoting Chalice, just want to give some context here.