What progress on Tenement renewal? What progress on Environmental Approval for exploration (drilling)? Drilling to commence as soon as Environmental Approval received? - with or without Tenement renewal?
MLS states that there should be no impediment to tenement renewal as it believes it has 'met or exceeded' tenement renewal requirements.
Thus, being confident that renewal is a formality, albeit taking its time, MLS will commence drilling as soon as Environmental Approval received? Or, not really THAT confident? Or, is it a case of 'catch 22' (in Namibia) with no environmental approval until tenement renewal approved?
It's all taking too long! Just Namibia timeframe? Or, is Namibian Ministry not happy with MLS's pace of exploration - MLS hasn't spent much on what is believed to be a 'ripper' tenement - typically spends more on administration / quarter than on advancing exploration on Mile 72 + Manindi + Victorian gold .....
Punishment for perceived exploration tardiness? Despite Namibian 'tardiness' at granting MLS 'anything' ....
Col8
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