ANX 5.26% 1.8¢ anax metals limited

Why ..Why..Why, page-28

  1. 79 Posts.
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    Just a question, are we aware of what's going on re current environmental site improvements?

    - Precipitate removal from environmental pond
    - Precipitate removal from process ponds
    - HDPE liner repair for ponds

    Just re-visiting previous timelines and what we can expect for the second half of the year (and beyond)..

    - Ongoing exploration / drilling re Gold (3,500 soil samples)
    - Further Environmental / Feasibility Studies (PFS then BFS?)
    - Q3 mining proposal (to then be granted mining lease w/ DMIRS) turnaround time of 30 business days (?) - per 25 May 2021 announcement p. 7 https://anaxmetals.com.au/wp-content/uploads/2021/05/2214960.pdf
    - Dealing with the Department of Water and Environmental Regulation due to the environmental protection notice?
    - Native Title agreement to be entered due to the Ngarluma Native Title Claim or is this maybe not required (?) p. 57 https://anaxmetals.com.au/wp-content/uploads/2021/05/2214960.pdf
    - Hopefully, Anglo American Binding Off-take (on the back of mining lease being granted & dealing with native title, if necessary?)
    - Developmental works to get ready for production & financing

    Would it be reasonable to suspect that production would then follow thereafter in say, 12-18months?

    Just something I'm conscious of is due to the environmental protection notice (from Department of Water and Environmental Regulation), would it likely mean theres more to be done to make this air tight before dealing with EPA? Just dealing with what may be a long drawn out process with EPA on VRX but happy to be guided or hear the thoughts of you fine gents here

    Otherwise, seems like we have a fair bit of news to come over the horitzon
    Last edited by atabv1: 27/06/21
 
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