Hi GeoAce
From the Co ANN
"The sterilisation drilling, undertaken by Metallica Minerals Limited in the lead-up to the project’s Pre-Feasibility Study3 (PFS), identified a preferred site for the processing plant at Sconi. This location appears primarily designed to optimise scandium production from the ore body and did not comprehensively sterilise the cobalt and nickel prospectivity of the proposed mining and processing area."
From your posts the above is only a smoke screen from the real facts that the BOD did complete the BFS and that the numbers "don't stack" as you have kindly put forward. If this we're the case a huge slap in the fact to sher's and a complete loss of integrity and credibility on the whole management team through the eye's of any investor.
A huge statement on your part and I, as an investor with quite a bit invested with BB, hope that this is definitely NOT the case nor even a figment of the BOD imagination to mislead investors to this degree. Any reference or figures you have obtained to verify your statement through your research would be appreciated and how you concluded a non viable Sconi operation.
cheers
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