SVL 4.76% 11.0¢ silver mines limited

While I won't deny that things are likely getting tighter in the...

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    While I won't deny that things are likely getting tighter in the approval office of the EPBC, keep in mind that applications that get there have already been reviewed and approved at the State level. This article here (from 2015) quotes a figure of just 2.2% of projects that require Federal Government approval have been rejected since 2000. It was State IPC approval that was the biggest hurdle for this mine. I'm sleeping pretty well at night.

    https://www.theguardian.com/environment/2015/aug/12/australia-has-denied-environmental-approval-to-just-11-projects-since-2000

    "A Guardian Australia analysis of assessments made under the federal Environment Protection and Biodiversity Conservation (EPBC) Act since its inception in 2000 shows that 96.2% of projects – which include mining, ports and other infrastructure – have been given the green light, with conditions. A further 1.6% of projects have been approved without conditions, and just 2.2% have been rejected, either at the approval stage or before. This means that only 18 developments have been vetoed, compared with 806 that have been approved.
    "
    Last edited by Fernit: 11/04/24
 
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