Oriole Resources PLC (AIM:ORR)'s Tim Livesey talked to Katie about a newly updated environmental impact assessment (EIA) report for the Muratdere copper-molybdenum project in Turkey
Livesey says the report has now been submitted for Muratdere, marking an important milestone for what is a legacy asset for the company (it retains a royalty interest which will deliver revenues once the mine is produced).
He's confident, saying the company is expecting a 'positive outcome' which would see the project move towards the mine development stage, later this year.
Oriole anticipates such a de-risking step could pave the way for a deal to sell the royalty interest in the project.