"During the September 2022 quarter, the Company commenced a Feasibility Study update for Bunyu, appointing Perth-based GR Engineering Services Limited to undertake updates on capital and operating cost estimates, processing, infrastructure and logistics for the Bunyu Stage 1 study delivered in 2018. Volt will re-examine other study aspects including regulatory requirements, marketing and sales, financial analysis, project risks and opportunities, as well as requirements relating to environmental, social and community impacts and human resources".
My question is;
The Feasibility Study was released back in 2018 and I believe it addressed all of these issues;
Why would it take 5 months to update an existing Feasibility Study when we are really looking at updating income based on prices of the different types of Graphite, and the cost of production? We have already addressed the other issues!
I would have thought an updated Feasibility Study would be a critical document to obtain funding for Stage 1 Bunyu. You just get the feeling sometimes we are just going round in circles, frustrated yes just a tad.
cheers
"During the September 2022 quarter, the Company commenced a...
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