What is the hold-up? So honestly and sincerely, what do we think the hold up is here? Another poster recently brought up the criteria. I really would like to know Tim.
I guess it could be a few things, but maybe the "technical review" of the Feasibility Study outlined in point number 3?? That's never really been brought up before. Is that perhaps just an internal review by the licenced institution? Or perhaps the Mining Ministry once received? Tim had said there isn't much of a process there though. Not sure if I can go along with Tim on that one, but maybe?
The map, that should be an easy check mark. Certificate, check. Local planning? Could be waiting on paperwork, but it seems it's more just showing you fit into the preset zoning. If a coal mine was there, we are just plopping down onto of that for the most part. Environmental, just stating was the governing body wants. Cultural and Heritage? Should have been worked on ahead of time. That seems like a no-brainer unless someone wants to use it to slow us down. Water management? Seems like it could be an issue, but surely it would have been dealt with already.
I get that there are going to be loose ends to tie up before submitting, but this is silly. Management must have thought this is easier money to raise at a cheaper price level. Why wouldn't they have done this quickly around Elaboate/Certificate news? Just say, at this point, it seems more prudent to go alone until further development.
??
The second step is the exploitation field approval. The exploitation field is an area surrounding the deposit which encloses the planned infrastructure at the surface and the extents of the mining operations underground. To obtain the exploitation field approval, Erin must submit the following:
- A 1:2500 scale map outlining the deposit, infrastructure and communications, cadastral data, etc.;
- Certificate on resources and reserves from the beginning;
- Feasibility study for the Project with a detailed economic assessment of the Project which needs to be prepared by a licenced institution and subjected to technical review;
- Proof of compliance with urban planning and compliance with municipality spatial plan;
- Scope of work for an Environmental Impact Assessment study issued by the Ministry of Environment;
- Proof of compliance with cultural heritage legislation; and
- Proof of compliance with water management conditions.