What happen to the Gold?, page-3

It's just a waiting game .


still no ep done , how much longer? . We know how long it takes to approve based on recent approvals In Victoria . So there is a year plus in waiting.

Lease renewal and or change of lease commitments.
Lease renewal . We have a good idea how long that takes.
Another 6 months plus.


They don't have 35 odd million to drill.

A J/V is questionable with emp work history, and possible of jv between now and Lease renewal isn't likely then will have a clause for only if Lease is renewed so no cash from any jv for a while


You don't like Carl, I don't think much of Gold project either.

disclosure has always been always .

the Gold projects too has Lease commitments too it, they have to keep working on it, sell it or loose it . And the Gold project got zero mention in recent quarter report.

So what is emp going to achieve in 2025? They can keep spending money on more studies. Have they done enough?....And it may not get renewed. Not much to look forward to this year for shareholders . Nothing to attract new shareholders with all the time lines.



Some companies would cease spending until lease renewal granted .