More than enough to take the gloss off razorback if most of them get an EIS outcome well ahead of MGT's Razorback. It puts razorback way back in the pack and there are many already approved to mine as Koutsantonis keeps on telling us.
When you have actually run through a EIS in SA required for approval - Environmental factors, Economic factors and Social factors all weighted and rated to determine approval or not, you become hopeful, but NOT so optimistic. Every time I look at the Razorback area and factor in the environmental issues for this area I end up shaking head and muttering nuh, most unlikely. But hey, what is more likely is approval to mine so heavily environment encumbered it makes the project uneconomic. Just saying. Oh and I believe there will be few problems with Social and Economic.
MGT Price at posting:
11.0¢ Sentiment: Sell Disclosure: Not Held
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