Ann: Mount Peake Feasibility Progress and Update , page-2

re: Ann: Mount Peake Feasibility Progress and... June 2013 Quarterly:

"TNG has strong in-house capability to continue to progress the development of the Mount Peake Project cost effectively under its Project Director, Tony Hadley, and is still targeting completion of the DFS during Q1 of 2014."

February 2014 update:

"Once the CAPEX and OPEX data have been compiled, they will be provided to the Feasibility Study managers to incorporate into the Definitive Feasibility Study to allow it to be completed by December 2014."

So during the summer of 2013 the company deemed itself 8 months away from finalisation of the DFS.

7 Months later the company deems itself 10 months away. Wow.