Hi Mitchum and other posters. It's an interesting story you have here. The content of Ventnor posts in recent days and weeks certainly arouse a curious mind and it's very clear that the 'demand' checkbox appears to be checked, however discussion of risk factors appears absent. Is it because it has already been discussed and resolved with consensus in earlier posts?
I invite and would appreciate any comments on the following "Risk Factors", which were credibly and extensively highlighted in the recent prospectus. In particular:
4.1 "Specific Risks Associated with the Company"
(a) Muchea Tenement Risk
(b) Granting of licenses, permits etc
(g) Environmental Risks
(n) Increasing logistics costs for rail, port and shipping
(o) Maintaining effective quality control at the mining and processing operation
(q) Extreme seasonal weather conditions
(r) Insurance risks
(y) Native title
4.2 "General Risks"
(c) Risk of litigation, claims and disputes
Additionally, does anyone have any idea of the proximity of the nearest residential communities from Arrowsmith or Muchea?
Comments appreciated. The idea here is to gain the most amount of informed HC comments and to then progress a discussion with the MD.
Thanks in advance.
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