My take on attending the Minerals and Energy Conference. Though I could have got it all wrong and out of context
SYA are adamant that their submission for permission to proceed without a BAPE ticked all the relevant boxes
The 2000 tones issue was misinterpreted as being mined rather than being able to be mined
This was either an innocent misinterpretation or deliberate to appease the environmental opposition
SYA will now submit to a BAPE, rather than resubmitting the relaxation application and in doing so may increase the amount to be mined
Mining by 2020 is now not feasible and will likely be delayed by a further 12 months
Capital will need to be raised in the interim. Management are considering their options in this regard
WA is on the backburner for now
Naturally you should take all this with a grain of salt and DYOR
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