Can anyone guess who will get the EPC job? My money is on GR Engineering Services Ltd!!!!!! The time line indicates the appointment will be made in January 2012......I guess they have to go through the processes to ensure it is seen to be propper.
Other time line points indicate we are due very soon for more drilling results and a resource upgrade. Lets hope they are very good and a boost to the new consolidated share price. If the results are uninspiring then we know that will have a negative impact on the share price and over the next few months it will obviously drift lower. As Billmac suggests this will be a kick in the guts for the long suffering share holders leading up to the big equity raising.
Lets hope that the rebadging and publicity over the next few months is positive and with a little bit of risk appetite perhaps returning towards junior explorer/miners we see the share price returning to the levels seen early this year(to under pin the equity raising).
Other time line events are........Bank MOU before Christmas, Offtake MOU late January 2012, Capital Raising March 2012, Govt Approvals May 2012, Development June 2012........Commissioning April 2013 & Production June 2013.
Add to My Watchlist
What is My Watchlist?