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  • Additional requirements of Competent Evaluators (18A.23)

    • 18A.23

      In addition to the requirements set out in rules 18A.21(2) and 18A.22, a Competent Evaluator must:—

      (1) have at least ten years relevant and recent general mining or Petroleum experience (as appropriate);
      (2) have at least five years relevant and recent experience in the assessment and/or valuation of Mineral or Petroleum Assets or securities (as appropriate); and
      (3) hold all necessary licences.

      Note: A Competent Person's Report and Valuation Report may be performed by the same Competent Person provided he or she is also a Competent Evaluator.