SHP 0.00% 1.1¢ south harz potash ltd

Ann: A$3M Equity Raised for Ohmgebirge Advancement, page-26

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  1. 4,826 Posts.
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    “The Company expects to achieve several important milestones in the near term. Key site selection determinations are culminating, with a selection decision to be advised in accordance with our permitting timetable. Results of the K-UTEC bench metallurgical test results are due this quarter and are expected to confirm scoping study assumptions and inform a processing route with associated recoveries. In the next month, bulk ore samples are set to be extracted from the boundary area of our neighbour’s site and undergo pilot plant testing at K-UTEC. Following completion of the detailed CEO-led workplan and PFS optimisation activities, South Harz also expects to make several near-term key study consultant appointments.”

    the company has probably ticked all of the above milestones except for the site selection ….. site selection very important and might mean the company actually has to do something if they make a choice ….. there is no reference to a deadline which is not a good look

    what do you guys think? Can they achieve site selection or are we just going to witness more bloated wages and getting nowhere
 
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