Ann: Black Swan Restart Project Update, page-71

BFS progress means costings detailed, aisc worked out, FTM plan & annual production figure of 12kt-20kt plus NP estimate of 14-20 with funding figure for finance debt

also a mine plan of FTM & offtake particulars logistics for transport meaning offtake terms.

RD did a DFS 2018
DS did 3 x DFS in 2014-2015
W to BS DFS ststed costs of 4.05uslb in 2014 with aud$1.00 & $1.5uslb transport costs for 400km trips to W & back, both costs now out.
BS SS to BS FTM circuit 2 is way cheaper

ASIC should for this should be 3.00 inc higher wages as 80% of wage costs are mon-fri 9-5 for mill & open pit staff with SS UG & 247 mill staff only 20% at overtime rates after hours.
Meaning very low wages for 80% & highly prized drive in stable workforce who prefer that shift than fifo night crap.

also contractor & offtake tenders must have been received.
stating good progress means costs surprisingly lower than expected & margins high.

yet no details of who, whart where, term sheets or any rral particulars, just more SECRET undisclosed work & costings yet again.
no news on the jumbo driller or any assays or staff camps since November, whats it doing, where is it, where built, how many, and whats the production costs...shhhh its SECRET.

at least DS RD got these out timely in months & knew the costs in detail with NP at 6-8 now its 15.50!

the excusist PH brigade are in fine form yet Victor at PAN has shown him the goose & he cant even copy him over 20 months.
Dont blame these top prior producing assets & mills
blame management & our pathetic top 2 cheap cappers
hence why clearing them out & their excusist lackeys like FH FH, DH DH, DLF & getting Padleys team in is a MUST.

Its taking too long.
market has already heavily discounted it for stalling, no revenue & CR or SP would be at 14-28 by now as before & like PAN now.

its a monster restart for a monster mass producer & as weve been waiting for 10 years already waiting more is totally expected.
No point selling, its buyzone down at these 10 month lows.
and we all know the news flood & particulars are being held back for a long time now & secret works carry on.

STOP STALLING, START HER UP!