binbin,
I could be wrong but one of the features of the original Hansen\Taylor ranch purchase was that the previous owners had done thousands of Km's of drilling already and BLR have managed to get all of that data. (It was in an announcement a few years ago, I might be exaggerating the amount of drilling done) I also thought that the most recent drilling done by BLR was to simply verify that data and that BLR is now done all the drilling required even to complete DFS.
Again happy for anyone to correct me if I'm wrong.
I agree that the cash burn will have to speed up as we get closer to DFS and permitting and I have no idea what these types of activities cost but, I’m still hopeful that the team will get some sort of deal done for the coal in Alaska and that will delay any CR. If the data from the previous drilling work is usable and has been verified I would have to assume that this would reduce the time needed to complete the DFS.
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binbin,I could be wrong but one of the features of the original...
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