As I see it, the Company is working through all the aspects of developing a mine and informing the market as progress is made. As advised in previous announcements, they are working on all the components of feasibility- I.e considering all costs, impacts, approvals etc to see if these mega sand resources can be converted to profits. Hopefully what they put together will culminate in a very detailed and accurate study that may get us some funding.
i am eagerly awaiting the approvals to applications lodged as well as more cost analysis and further resource news.
as frustrating as it is to see the market react negatively to announcements that are part of the development of a lucrative? project (refllected by lower SP), if you can see the potential then it may be worth the short term pain.
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