Nice promo for Episode 127. Well done.
Surely the underground mine FS must come before another CR?
A solid UMFS should result in an easier raise, a higher CR share price and consequently less dilution?
QUESTION:
I wonder how much reference and/or input is needed (for market confidence) from the TAS green movement to validate any assumptions in the UMFS - and will the company seek out any input from these people? That is, will a Feasibility Study have any merit if the market expects protesters to continually roadblock any potential mine??? Increased hurdles mean decreased "feasibility" in my mind.
I realise this is an intrinsic mining problem but more pronounced in West Coast Tassie and therefore more important to be dealt with as part of "feasibility" discussion for VMS.
Samso, page-65
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