Northland resources8 Jul 2022 00:44
( I know it didn't end well for them) For reference. Doing a bit of late night reading.
They applied for their environmental permit in 2009, granted August 2010. Construction on the mine began December 2010 with mining start q4 2012. During this process feasibility studies ran alongside, offtake agreements made, equipment sourced etc. Massive fundraise of $242 million through a rights issue for infrastructure, construction etc was raised only a few months after enviro permit delivered.
Obviously commodities died a death when they went into production, hopefully we will learn and wisen up to it a bit more plus we could have grafintec in production by then. Basically, alot of exciting stuff will happen over the next few years for us IF things go as planned :)