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ASX ANNOUNCEMENT 21 March 2024
ASX: Millennium delivers substantial Resource increase Millennium Cocoa Project delivers substantial Resource tonnage and grade
increases for near term critical mineral
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What is a near term critical?
A near term critical is a regulatory report that highlights potentially significant risks associated with certain activities or conditions that may impact health, safety, or the environment within a short time frame.
Who is required to file a near term critical?
Entities or individuals who are involved in activities that may pose immediate risks and are subject to regulatory oversight are typically required to file a near term critical.
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To fill out a near term critical, you must provide detailed information about the risk factors, the nature of the activity, and any mitigation measures in place, while adhering to the specific guidelines set by the regulatory body.
What is the purpose of a near term critical?
The purpose of a near term critical is to ensure transparency and prompt communication regarding possible imminent risks, allowing for proactive measures to be taken to safeguard public health and safety.
What information must be reported on a near term critical?
The information required typically includes identification of the entity, description of the risk, potential impacts, mitigation strategies, and timelines for risk assessment and resolution.
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