jorc resource & bfs imminent

BFS and associated JORC Resource statement is due to be released by the end of this month.

I am pretty optimistic for for a very bankable feasibility study followed by rapid project approval and securing of funding.

With copper and gold prices at highs, a project funding package would seem all but assured with a major portion of project start up costs via debt funding and possibly some additional equity funding for working capital and continued exploration. The funding proposal will be underpinned with the forward sale of a significant proportion of the first couple of years of gold production locked in at a very attractive flat price.

The share price, although it seems to have recently found a new support level is still significantly undervalued for what will be disclosed as a very robust project which also has every chance for further longevity.

Although it is a long road from project approval to profitable production I don't think the current share price will be seen for all that much longer.

Hope this is not seen ramping but just my view point of where Tectonic is at this point of time.