Yeah, I can see the timelines starting to slip already with a slight difference in the wording.
The PFS stated a Stage 1 "semi-continuous" plant will run between Jan - and Jun 2025.
Then, a Stage 2 "integrated plant" will run on a "continuous" basis from July 2025 to 2027.
IONDRIVE LIMITED (ASX:ION) - Ann: Successful PFS paves the way to progress commercialisation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Now from the Quarterly today.
IONDRIVE LIMITED (ASX:ION) - Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-1 | HotCopper Forum
Now the wording has changed slightly to "pilot plant scheduled to be completed in 2025."
Why not say, "the pilot plant is to be operational within months?" Or "construction planned within months." Or "news due soon in regards to pilot plant schedule." To me, it seems like they're covering their bases if the timelines continue to slip.
According to the PFS released two months ago, the pilot plant should be under construction now.
I hope ION proves me wrong.
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