nmhulse, Pretty sure we only have an exploration...

nmhulse, Pretty sure we only have an exploration licence(EL5430), not a mining licence. To get a mining licence, there's a lot that needs to be done like : (As per regs)....

• further geological evaluation required to convert indicated resources to measured resources or reserves;
• preparation of a full feasibility study;
• formal decision to proceed to mining;
• project financing;
• obtaining of approvals, consents and land access agreements;
• preparation of detailed mine design;
• mine and infrastructure construction;
• mine and infrastructure commissioning; and
• mining and ore treatment.

The bold item will be a biggie in that particular area, and I think NAG with these new surveys at Racecourse, Cahill & the current Nagambie mine site will be a much easier option to progress. If I was in their shoes, I'd drop Wandean for now and concentrate on the new found targets....IMO.