Dear treefeeds,I read the situation this way.The company...

Dear treefeeds,
I read the situation this way.
The company requires further permits from the Queensland government to proceed to hard rock mining.
Without those permits I don't expect that the LOI will ever become more than that.
They have made that clear in the announcement.
As I have said IMO we will all be out of here in under 12 months.
To sell this place and give the new owners the keys to front gate and toilets this mine will need permits.
Just the word mining PERMIT is so much healthier than looking at core sample readings.
While disappointed with production rates I think we are sitting on something long term worth more than 8-10 a share.
Holding and buy some more shares BUT REQUIRE FURTHER DETAIL.