This is good news, progress being made. But still have a long ways to go.
Phase 2 won’t begin until after the scoping study is completed, and are also predicting 6-12 months for completion of phase 2 (provided no setbacks); and now looks like 2023-ish before phase 3 begins.
If anything moves the SP up (a little), it’ll be the completion of the scoping study. But you can count on more stagnation of the SP after that.
…which is probably why the market didn’t react to the SP today, IMO. There’s so much more going on that’s making profits right now, like crypto for example.
But, it’s still good to see progress is being made. Job well done.
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