ongoing permitting and organisation of perama'Once the Permit ETR has been approved, the various construction and operating permits can be applied for and construction of the project can begin'.
Construction and operating permits are very time consuming and what about the financing of the mine's $97 million operating costs.
To get the finacing we need to prove the gold resource of 1.4 million ounces, 'inferring and indicating' our gold resource is never enough to secure a loan. It must be proven resource.
All promising stuff and exciting, i continue to be fascinated with this play but i have a longer term outlook on production.
We will get the reward of a price spike when the etr arrives though