@BentleyBoy I agree
The MICC is set to lodge their recommendations with the DENR in March. I expect they will move to overturn the ban on open pit mining, whilst at the same time implementing more stringent mining standards - to Canadian or Australian standards as we’ve seen them start to
Mabilo was next in line for an MPSA before Gina’s appointment, needing just 1 final signature
So we need:-
- ban on open pit mining to be lifted
- fix issues with E079
- reach settlement with Eric in arbitration
- Mabilo issued an MPSA
Mabilo would be a cash cow at current commodity prices and being a DSO deposit
Panguna is obviously the monster and what funds were raised for, however Mabilo can still provide significant upside
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