Any suggestion any company will ever secure environmental approval to strip mine hundreds of sq km of DEG or Novo lag gravels is ludicrous. I once again challenge you to address the most important question of all - the legality and feasibility of strip mining shallow surface materials over hundreds of sq km of the Pilbara landscape -not to mention the cost of rehabilitation -revegetation as is mandatory in terms of the Mining Act.,
It is incumbent on all companies who propose such a mining objective to state clearly to shareholders NOW advice from the DMIRS on this question. If the answer from DMIRS is a resounding NO then shareholders should be advised it is not practical to pursue such an objective unless grades and depth of mineralisation result in a smaller - environmentally acceptable footprint. I will leave you to guess the consequences if shareholders are not advised of the practicality of strip mining NOW not after resources are proved to then be told it is not achievable because of the environmental impact.
Given current average grades and depth of mineralisation just 1 million ozs mined would desecrate very large areas of the Pilbara landscape. Given millions of ozs are being touted and bandied around the area of disturbance would be huge with severe environmental impact.
- Forums
- ASX - By Stock
- DEG
- Thoughts on the Egina Project and QH response
Thoughts on the Egina Project and QH response
-
-
Share
- There are more pages in this discussion • 50 more messages in this thread...
Featured News
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.07 |
Change
-0.023(2.05%) |
Mkt cap ! $2.594B |
Open | High | Low | Value | Volume |
$1.09 | $1.10 | $1.07 | $3.960M | 3.668M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 120100 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 65850 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 118973 | 1.070 |
32 | 214542 | 1.065 |
24 | 267806 | 1.060 |
9 | 86095 | 1.055 |
20 | 174185 | 1.050 |
Price($) | Vol. | No. |
---|---|---|
1.075 | 66497 | 17 |
1.080 | 213603 | 36 |
1.085 | 171854 | 18 |
1.090 | 109349 | 15 |
1.095 | 245228 | 9 |
Last trade - 12.19pm 06/09/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |