1. Most Discussed
  2. Gainers & Losers
SHN 0.0¢

sherlock bays bfs deferred (mining news)

  1. Mikayla

    4,892 posts.
    " Its more the NOTICE OF INTENT holding everything up"
    "With the notice of intent - which is part of the BFS - you've got to do all your flora & fauna surveys and that sort of thing. And we have'nt been able to get in yet"
    Does'nt sound like much of a drama. Just a few flora & fauna surveys and that sort of thing. My understanding is that the applicatication for notice of intent was lodged in December some time. Surely the flora & fauna surveys, and those sort of things would have been completed prior to the application for the notice of intent which was originally lodged in December.
    To me its more like our original notice of intent was'nt up to scratch and were in the process of resubmitting another one. As the old saying says if your going to do something do it right the first. Could save time and money in the long run.

    "Because of the poor conditions Sherlock was unable to restart drilling in late January for pit definition and design"
    To me it sounds like we have'nt found an economically viable way to mine it yet and we need some more time.
    These are just my opinions to any one who may be interested you do your own reseach and make up your own minds.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top