I think the evidence supplied in the S/V/E ticks the box, re-iterated by NOPTA in their approval recommendation.
I don't subscribe to the theory that MMR is a major consideration. BPH/BUY stacked up the specified funds while the application was under consideration so MMR, GBA etc are not factors. I still maintain that the finance element is outside the scope of variation criteria.
I would presume the changes to financial criteria you refer to are off the back of Northern Endeavour saga but are not applied retrospectively as they pertain to acreage purchases only.
GBA Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held