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26/09/18
10:34
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Originally posted by Jalaluddin:
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"RM has to earn his money and show everyone where the funds are going to come from to develop it and what the economics are like." Isn't one supposed to show where the funds will come from, and demonstrate the economics of the proposed mine before in order to be granted the mining licence? So what motivated the SIG to grant the ML?
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This means RM has demonstrated to the Ministry for Mines that SJ is economical and he is able to fund the project, before
Originally posted by Jalaluddin:
↑
"RM has to earn his money and show everyone where the funds are going to come from to develop it and what the economics are like." Isn't one supposed to show where the funds will come from, and demonstrate the economics of the proposed mine before in order to be granted the mining licence? So what motivated the SIG to grant the ML?
Expand
Thm
Originally posted by Jalaluddin:
↑
"RM has to earn his money and show everyone where the funds are going to come from to develop it and what the economics are like." Isn't one supposed to show where the funds will come from, and demonstrate the economics of the proposed mine before in order to be granted the mining licence? So what motivated the SIG to grant the ML?
Expand
That means RM has demonstrated to the Board and the Minister for Mines that SJ is economical and that he is capable of funding the project before the grant of ML.