Ann: Extension of Etango PFS Following Recent Fav, page-18

re: Ann: Extension of Etango PFS Following Re... I was having a look at the historical announcements regarding the PFS and previously announced extensions and I am still none the wiser. In the January activities reprot it stated they were extending the PFS date out to June and the BFS to December ( which added 6 months to the previously announced extension) on the basis they were looking at heap leaching as an alternative to the other method. The announcement this morning now further extends the PFS date out by IMO a minmum of 4 months due to further heap leaching results that may impact on the PFS.

My question to those who know more about this process is why not release what we have to date based on testing done to date. Sure we will get better number based on recent results. If the further testing creates a larger benefit then factor this into the final BFS. I fully understand this is a long term play. I have been in this for 2 years and have been through the highs and lows, the two steps forward, three back, three forward etc. To me we have just gone and raised $37.5 million, on the understanding the PFS would be released in July. I was certainly led to believe this was the case. I am sure the instos etc were of the same understanding. To me to come out at this late stage and state what they did creates uncertainty.
DOnt get me wrong , this stock is a winner because they have the goods. Sometimes they just dont communicate properly. And that perhaps is why the share price does not reflect anywhere near where the value should be.
All this from a frustrated long termer...oh well...in between we will trade and profit from the inevitable dip, and I think by Wednesday I will be backing it up to buy again.