I
I like your point "If your waiting for all the approvals in place then be prepared to pay for the privilege"
That is a good point, because one would expect NAGs to jump considerably when Approval is announced.
I say "when" because it is very unlikely Approval will be totally denied. It could be stalled until certain conditions are met. That's exactly why no submission has yet been made - NAGs Management knows what conditions need to be in place & is aiming to comply prior to the Submission being lodged. The extent to which management is aware of all the requirements will determine when Approval is given. They have consulted an Expert though & are acting under advise.
NAGs is required to Rehab the site & PASS is a valid solution as long as the conditions of EPA, Mines Dept etc are met. It's all in the Quarterly & PASS update.
NAGs Management has always said Q1 of 2016 for approval & is on track.
Patients is required but not always forthcoming from Investors.
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