GREY:DMNKF - Post by User
Comment by
Floridas2000on Jul 16, 2018 5:06pm
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Post# 28323632
RE:Permit
RE:PermitHi Magdonn. They already have the permit, two of them. But it's interesting in other ways.
- they're taking their time to assess mining projects. I think it's frustrating for investors but it's a good idea for Madagascar to get better control of their mining projects. It might indicate why things are slow because they're being more cautious.
- companies that don't have their permit but are requesting it are in for a long wait. That sucks. For DNI it's good because it freezes out future competitors.
- The mining specification is not the final step but it's a step towards defining the project and scope properly. That's what they're concerned about so it's a patience / readiness game.