Politics and ML Approval Timing, page-13

I have been watching this one for a while now.

“The SIA review process is more or less complete. There are a couple of aspects that link back to the EIA that are standing by and we are working on finalizing the EIA. So hopefully we will have updates on that over the coming months”

Sounds like there’s only a few things in the EIA and SIA review process that needs to be done to me. The SIA was always going to be the next drag factor after the EIA was to be approved. But GGG has gone ahead and almost completed it. So although the EIA is taking longer (well if you think it is). The SIA is taking less.This all seems in accordance with what many have expected here. Less in many cases including mine.

This part I really like...
“Feasibility stand point. Very good shape”  This is GGG’s next big announcement. The new feasibility study. Seems it’s looking “Very Good”. If they have a heap of cost cutting coming through and reduced CAPEX and OPEX figures the share price will be rerated.

“Permitting certainly in an advanced state”  Heavy wording. Perfect.

Few more months here really isn’t going to matter. It is expected.They have now also given a clearer timeline for the EIA and the SIA review process. It’s all moving along without any major issues and everyone’s doing their job with the idea that its due for completion shortly.

So everything sounds like its progressing well and the results are all looking good. Dr Mair presents well. I think this will be what the market wants to hear. As it’s reassuring on many levels if you just look at it in depth. I am happy enough with what I'm hearing to start buying into this project.