RE:AustraliaFYFTMI wrote: So the Solaris' application got rejected.
meanwhile our 35% partner in MYM is now a 49% shareholder of another weed company in NSW with 10x bigger land than Solaris?
I had no problem with them using the two of the best consultants Canada has to offer, that are helping them with their projects here in Canada, but I thought they would be wise to hire one of Australia's own as well. Each has its own regulations and sometimes it's not just what's mentioned on paper but what's not mentioned that make big difference. Same thing happens in Canada also, why almost all had to use a consultant. Not to mention it looks good to Australian gov't as well. Additional expense but worth it in my opinion, considering Australia is very strict and they're applying for not just one but three licenses. But what's happened happened. I'm sure they have been told what's still missing.
Maybe the delay has its good as well. I was worried how they'll be able to fund if Solaris gets the go-ahead, with PSC in progress and still haven't finalized the AAA. The cost in Australia is even higher than in Canada so Solaris will cost quite a bit.
As for MYM, good luck to them. Last time I checked, they may even have trouble funding their own part of Solaris and now they want to be almost half owner of that gigantic 1000 hectares? Let's see if they'll be able to get 10% of that built first.