here is the a response i got from the MD. His answers are in caps.
1. The quaterly suggested that the MLA should be granted mid this quater. Is this still looking to be the case? I understand this is out of your control, but mining leases are notorious for being delayed in my experience.
THINK WE ARE STILL ON TRACK NEED TO FINALISE NATIVE TITLE & WOOMERA ACCESS DEED. WE ARE PUSHING AHEAD WITH PREPARING THE MARP DOCUMENTATION.
2. How is the native title agreement progressing?
ALL OUR MINING AREAS & HAUL ROADS HAVE BEEN CLEARED - WAITING TO FINALISE AGREEMENT - WESTERN PLAINS SETTLEMENT SETS WHAT WE SEE AS A CEILING, & I WUOLD HOPE TO DO SOMEWHAT BETTER AS WE HAVE A SMALLER PROJECT
3. Has there been any further advancement with discussions with the chinese? Or what is the timeframe you are expecting to update the market within?
THINK WE ARE GETTING CLOSER - BUT WITH CHINESE THINGS TEND TO EBB & FLOW SO HARD TO PUT A TIMEFRAME (YOU GO FROM HIGHS TO LOWS BACK TO HIGHS IN 24 HOURS, VERY EMOTIONALLY DRAINING - THE PEOPLE WE ARE DEALING WITH ARE SERIOUS IT IS JUST A CASE OF BOLTING ONE OF THEM DOWN) - THE PROJECT IS NOW READY TO GO SO I AM KEEN TO KEEP THE MOMENTUM WE HAVE BUILT UP
GDM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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