The primary focus of the Company was to continue advancing the
The Bankable Feasibility Study ('BFS') is well advanced and remains projected for a Q1 2020 completion.
Drafting of the Application for an Environmental Assessment Certificate ('EA Application') remained on track for a Q2 2020 submittal.
Water quality modelling progressed and continues to show promising results from the selenium mitigation strategy developed for
In December, strategic partner
As at
Overview
The objective of permitting, building, and operating a low-cost high-quality steel-making open pit coal mine currently is comprised of the soon-to-be-completed Bankable Feasibility Study ('BFS'), followed shortly thereafter by submittal of the Application for an Environmental Assessment Certificate ('EA Application'). Following EA submittal, work will commence on the additional permits required to build and operate an open pit coal mine in
About
About
In
In
Forward Looking Statements
This announcement contains 'forward-looking statements'. Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to commodity prices and foreign exchange rate movements; estimates of future production and sales; estimates of future cash flows, the sensitivity of cash flows to commodity prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of resources and statements regarding future exploration results and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to commodity price volatility, currency fluctuations, increased production costs and variances in resource or reserve rates from those assumed in the company's plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. The Company does not undertake any obligation to release publicly any revisions to any 'forward looking statement' to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Contact:
Tel: + 61 8 9200 4473
(C) 2020 Electronic News Publishing, source