permit to mine, page-40

"On another tangent I haven't seen anyone take the line of reasoning that the NRDC will use the PTM public comment period as a first strike opportunity to begin delaying the project. Given that we know they're already gearing up for ca court battle once the SML is issued I find it hard to believe we won't see them at least try and get a hearing on the PTM and hence push back the start of construction and possibly put the frighteners into prospective financiers"

Illiquid - this is a very valid point. It is quite possible, of course. They also had the opportunity to oppose the DDW permit but did not. I suspect the NRDC may wish to concentrate and focus its resources on the SML. In that case, they could completely ignore the PTM. We'll just have to wait and see.