the application hasn’t been withdrawn ; it’s a partial waiver whereby yes the decrees have been scratched out ; if it was a waiver as opposed to partial waiver then we’d have a problem, as our exploration rights would be gone ; so we’re still in the game with an application whereby environmental , social impact assessment and technical approvals have all been approved which is what is required for approval and from there you wait for the decree to be issued .
Appears MoM is providing some time for Dathcom shareholders legal or not
to work things out ; so yes there may well be a timeline they wish to impose on that considering the wording ‘urgent’ and ‘paralysis of project’ , but your guess is as good as mine
So, assuming that we still hold a valid
exploration permit for the entirety of 13359, then Dathcom is the only company (at present) that can receive an exploitation permit, per the Mining Regs below (note: this is
regulation, not
legislation).
Title V: Exploitation Permit
Chapter I: Granting of the Exploitation Permit
Section I: General Provisions
Article 142: Limitations on the Scope of the Exploitation Permit
The scope requested for the Exploitation Permit must be part of the scope of the valid Exploration Permit and cannot exceed four hundred seventy-one (471) squares.
Article 143: Conditions for Granting the Exploitation Permit
In addition to the conditions for granting the Exploitation Permit listed in Article 71 of the Mining Code,
the applicant must fulfill the following conditions:
•
be the holder of one or more valid Exploration Permits, whose exploration scope or all exploration scopes include the scope requested for the Exploitation Permit;
• be eligible for the Exploitation Permit;
• not exceed the limits regarding the area or number of authorized Exploitation Permits.
———
Am I interpreting this correctly?
