I'm not buying into that just yet. IMO if a project was to be stopped by external forces it would be at the funding stage or mining licence stage. Interfering with a PFS, I don't buy it just yet China.
Something has gone on since early September or there is utter incompetence with management. I don't buy the incompetence yet, I know some will claim it, but as I don't know the reason for the delay I won't throw management under the bus except for not keeping us updated as to what is happening.
How could the company in early September claim a PFS at latest October 31 and now its November 11 and still nothing. Something happened to cause a serious delay here. Surely there are enough drill holes to still provide a revised MRE (this addresses Jantimots point).
As you can see, all I'm doing is guessing, because I can't even contact the company to clarify any of this.
PM8 Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
