RE: Water Licence Usage....I still do not understand the proper significance of the water permit & the consequence to the company if this permit is suspended or cancelled.
Can anyone please elaborate & provide some input. I need some answers to the following question in order to understand the true importance of this water for FIU in short & long term & possible consequences to the production of U & gold.
Is this permit only for the development phase of new tailing facility & once they are finished with the development they would no longer need this water or they require this water even for all future production. How would the suspension impact the new tailing project or all the other existing projects. This development phase should be finishes by May end.
What is the source of the water. Who owns this water and are there any other sources of water available to FIU.
I want to fiqure out how important this water is FIU & if they have any other options.