Hard not to be impressed with the progress the current CLA team are making.
- Social License on 14th Nov (Absolutely critical step for this project to go ahead in any form)
- Well received Public EIS hearing on 6th Dec
- Improved MCB JORC Update on 12th Dec
- AIM listing coming in Dec (Which will bring in a little more capital) and provide access to better capital markets
- Expected ECC (Environmental Compliance Certificate) soon-ish, which is the approval stage after the Public EIS forum
- Once ECC is done, DMPF (Declaration of Mining Project Feasibility) can proceed and hopefully approved by end Q1
- MPSA (Mineral Sharing and Production Agreement) hopefully done by end of Q1
Next steps expected
- Local partner
- Would be nice to see some progress with offload of Opuwo
- DFS and BFS
- Offtake agreements
- Project funding
Getting towards the pointy end now.. Genuinely exciting times !
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The road forward - Market appreciation will soon set in ..
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