Ann: JORC Code Upgrade at Wilcherry Hill , page-28

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  1. 1,289 Posts.
    thanks for that Petunia

    For what it's worth, here is a link to the mining lease application for S.A.

    http://www.pir.sa.gov.au/__data/assets/pdf_file/0011/94952/mg01_mining_approvals_v1.9.pdf

    If you head to page 17 there is a handy (and complex) flowchart. I believe IFE is nearly at the bottom now, having successfully achieved Flora/Fauna, Native Titles & EPA licences/agreements.

    The next page is the indicative timeframe for approval... ha ha ha it's good for a laugh :) Note 1 week allocated for NTA :)

    Anyway, I feel it is worth remembering that enormous burdens like mining leases can be a major headache for small companies like IFE, often stretching resources to their limits. Also, many issues are beyond their control, eg NTA. Telling markets what to expect in terms of timeframes must be incredibly difficult too. So with this in mind I am happy to sit back and let these guys do their thing. It will all happen very soon, just need to be patient.

    goodluck all
    Split
 
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