Home » Market News » DirectorsTalk Highlights » Comet Ridge awarded ATP 2048
Northbridge Industrial Services Plc

Comet Ridge awarded ATP 2048

After being awarded preferred tenderer status in late October 2019 (see ASX release 30 October 2019) Comet Ridge has announced it has now met the conditions to be awarded the Authority to Prospect No 2048 (ATP2048) by Queensland’s Department of Natural Resources,Minesand Energy(DNRME).

The two most significant steps since being awarded preferred tenderer status in late 2019, were obtaining the Environmental Authority (EA) from the Department of Environment and Science and concludinga formal Native Title Agreement with the registered Native Title Claimant. These have now been completed, clearing the way for DNRME to formally award the block to Comet Ridge Mahalo North Pty Ltd as 100% equity holder.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.