RE: Environmental permit22 Feb 2023 17:28
Lb, yes, it’s £1,450,000 since 1 March 2022, which is a significant chunk of cash, I agree. Increasing our percentage of Vardar from 49.4% to 61.1%, if I’m correct. So far nothing by way of an economic find, so it has been an expensive time. It could partly explain why Kurt has found it difficult to raise funds at a higher sp, but we also have the Sami appeal still pending so I suppose it’s the element of risk from an investor’s viewpoint that is in play as well. I’m not too enamoured with Kosovo, hence why I want it mothballing if nothing shows from our activities there this year. It’s money we could save and put to good use on the resources we already have proven.
Ulla hasn’t been involved for too long Lb. Since 13 June last year. In just over eight months it seems to me she’s done quite a lot. As I say, we don’t know the intricacies of what’s involved to ensure a perfect environmental application, with the best chance of success, so I’m trusting we are in good and capable hands, but that it will take as long as is stated for a reason.
I would say presently, Kurt needs to step up, now that the ball is rolling.
I personally feel that he will.
Then again, you know me. Lol.