Does anyone have a rough idea of how long the current PE process should take from this point?Given we/AVZ are the current test subjects for the process after all the changes to the process and the people facilitating, I don't know of any other cases to check.
From the CAMI Cadastre, active transformation started on the 3rd of Sept.I assume (but could be wrong) that this is either when:A
-the area and details are finalised and request for surface rights payment is issued. Which once payment is received, transformation will be complete.
Or...
B-the area and details are confirmed, and the surface rights are paid and it is just a final check and balance before updating the system.
If it is the option A, I am thinking the process might take a week or two, to receive funds, very all in order.
(Lets call it end of Sept, as we are on DRC time)
If it is the option B, I am thinking it would be a matter of days, and we would be very close.
(any day now potentially)
Given all of the issues to date with the suspensions etc, I assume we are going to only announce and come out of suspension when the ML is officially in hand. (and the issues have been fully or partially resolved to a point where we can move forward)
- Forums
- ASX - By Stock
- Running discussion on SP
Does anyone have a rough idea of how long the current PE process...
-
-
- There are more pages in this discussion • 9,684 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online