AVQ axiom mining limited

Ok...so SMM is moving out. In their farewell statement they...

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    Ok...so SMM is moving out.
    In their farewell statement they mentioned:

    "We will pull out from all of the pending applications for mining leases," a company spokesman said, adding the withdrawal will be completed by the end of December.

    Surely this refers to simply finalising paperwork. I don't see how a company would have to formally withdraw their application for another to be awarded a licence.

    A current rumour is saying leases will go to tender in January. But that story has been done to death.

    Resource Speculator / Port Philip Publishing seem very CONFIDENT & SPECIFIC about decisions being handed down around 30th August.  

    Can anyone shed some light on either of these outcomes?

    Grub
 
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