At 12c with $3m in the bank, BUS has results due in July and multiple shots at a discovery lined up across four Victorian gold projects in Fosterville's neighbourhood
Appreciate the insight and good to see you're on the ball. We do not have any concerns with the increases as the figures themselves are actually quite small. The headline by the AFR of a 243% increase seems huge, but the proposed fee increases in dollar terms include:
- Exploration licence applications rising from $2380 to $7952
- Mining licence applications rising from $4283 to $14,307; and
- Nnative title assessments up from $1200 to $4009.
That's roughly $20,000, which if BUS is able to hit economic grades of gold we would be more than happy to pay.
Any concern with the current Victorian government, increasing costs involved getting in the way of hindering the BUS timeline?
Hi Countrylad,
Appreciate the insight and good to see you're on the ball. We do not have any concerns with the increases as the figures themselves are actually quite small. The headline by the AFR of a 243% increase seems huge, but the proposed fee increases in dollar terms include:
- Exploration licence applications rising from $2380 to $7952
- Mining licence applications rising from $4283 to $14,307; and
- Nnative title assessments up from $1200 to $4009.
That's roughly $20,000, which if BUS is able to hit economic grades of gold we would be more than happy to pay.
Cheers,
EC