Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
In the interview, AV kept reffering to
"1.5 to 2 million tons pA"
This would be a significant additional revenue generation.
I do hope he has not set another too tight tatget quite unnecessarily??
The KARLKA website is very active with recruitment of 'employment' personnel.
Worth a read "Build positive and productive relationships with key partners including industry, government agencies, the Pilbara Ranger Network, and other regional stakeholders."
Things look positive for industrial relations.
https://www.karlka.com.au/blog/
The nearest conurbation is Newman. This town was formed and grew as an exclusively mining town started by Newcrest.
Whilst it is possible that noise nuisance is a factor, It would seem unlikely given the history.
I am sure Chris2 will be on top of this though.... It must be a 'red flag'.
My understanding is that the application submitted https://geodocs.dmirs.wa.gov.au/Web/documentlist/8/ML_NUM/M47%2F1633 was pending the traditional owner agreement. Now in place
The process is now :- DMIRS once satisfied all facts are OK., send the documents to the Minister responsible to be signed off.
We have no reason to believe the current delay is anything other than the wheels of bureaucracy turning slowly as is common the world over.
History shows the need for more cash, a placement annually Aug--Oct time.
Given the reduction in spend, we should be very safe until later in the year. News from DMIRS would be certain by then even if it were negative.
I should stress the chance of a negative determination is close to zero.