ETM 5.00% 2.1¢ energy transition minerals ltd

A couple of interesting extracts (note for those criticising the...

  1. 310 Posts.
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    A couple of interesting extracts (note for those criticising the company for doing nothing, please look at the hurdles a bit more realistically! There is still a bit to be done, but there is a very clear way forward (but of course capital for GGG is still an issue):

    "The preparations involved in establishing the regulatory framework and setting up the required administrative systems and procedures are expected to be completed in early 2016.

    "A licence to extract uranium or other radioactive elements will not be granted until the rules, regulations and administrative systems and procedures are in place."

    and....

    "With the decision to abolish the zero-tolerance policy, the road has been paved for licences to exploit uranium and other radioactive elements. For this type of minerals, the same mandatory requirement applies: that the provisions of the Mineral Resources Act on environmental protection, nature conservation and climate protection must be complied with before any exploitation activities are launched. Because of the radioactive properties of uranium, special measures must be taken before any exploitation activities can be launched. In order to ensure that a uranium exploitation project complies with the provisions of the Mineral Resources Act on environmental protection, nature conservation and climate protection, the statutory environmental impact assessment must have a particular focus on identifying and providing solutions to the potential environmental impact of a uranium mine. This means that the implications of the radioactive properties of the mineral must be described in all phases of the project from before project launch and until project completion and the transition to the phase where the area which is no longer in use is monitored. This also means that before any uranium exploitation activities are initiated, it will be necessary to carry out an analysis of and lay down rules and regulations and licensing terms which allow for environmentally acceptable exploitation of also uranium."
 
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