RE: Pacific Trends Resources Pty Ltd20 Aug 2020 21:04
'In the event the Licence Area is the subject of a completed bankable feasibility study and the Purchaser makes a decision to mine, Greatland Gold PLC must issue, within thirty days after the date that decision to mine is made by the Purchaser, an additional 145,530,000 fully paid ordinary shares in Greatland Gold PLC to the Vendor.'
Note, of more importance is a 'completed bankable feasibility study' and that document can take many months to compile and produce. Until that document is completed and registered by Newcrest then these shares will not be issued as the BFS is the trigger document
Have a look at what's involved in compiling a BFS. It isn't an insignificant document