Pertinent to this thread is OGC announcing they now have regulatory approval to purchase Waihi. I didn't realise they were waiting on this, but it surely must open the way for them to announce their intentions or progress discussions with NTL.
Printable View
Pertinent to this thread is OGC announcing they now have regulatory approval to purchase Waihi. I didn't realise they were waiting on this, but it surely must open the way for them to announce their intentions or progress discussions with NTL.
All thread members are working the mine and about to come back to the surface with great news stories about payloads, best investment ever, and general back patting. All is quiet.
What does the extension of land application at Rahu potentially mean for NTL if approved?
If Rahu permit is granted then there is no need to go through all the hurdles required to get a mining permit that Talisman went through.
We all know how many years and red tape it to to get mining permit granted for Talisman.
I've said before - I believe the real value in NTL will be unlocked when phase 2 starts, when they target mystery vein and the deeper parts of the existing Talisman mine.
However what's unknown is whether some of those deeper veins and the majority of higher gold grades end up falling under Rahu?