It seems that the offtake negotiation is underway with the trading company that requested the in-fill drilling. The drilling results were very good and the Scoping Study + Financial Result will probably be good as well. I got a response that the PFS should be completed by early December. I think the offtake negotiation should be completed before starting to write the PFS. Because writing the PFS also incurs significant costs. The speed of the offtake negotiation will ultimately change the schedule going forward. It seems that the PFS will start by early December / Earthworks and roadworks in December / mine construction in January. Brian will go to Cuba once the offtake negotiation is completed. If the offtake contract is delayed, everything will be delayed. Since they have been discussing with the trading company for such a long time, it seems that they will keep their promise, but Trump and the falling gold price are variables.
AAU Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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