rerating, page-36

Wow - BFS expected at the end of the year

"“We’re moving very quickly to resource drilling. Our geologist and senior Vice-President of Exploration Craig Scherba will be back in Madagascar in April. The rainy season ends in March. We’ll delineate a 43-101-compliant resource on the graphite in very short order. We should have it finished by July or August. We’ll be in a position to have completed our preliminary economic assessment on the graphite by the end of Q3 and we’ll be in a position to go to bankable feasibility by Q4 of this year. We’re moving very quickly."

How soon till we actually hit production???? Hmmm... I'm trying to keep an realistic perspective when I do my research. Looking at risk reward etc, I can't help but feel increasingly bullish. I suspect when the bankers actually start to crunch the numbers they will be pleasantly surprised.