"Time is definitely against us here and the SVY board and CC in particular need to earn their money on handling the next 4 to 8 weeks."
Yeah agree with this statement in particular. Up until today I acknowledged it was going to be tight getting the scoping study out before CR, but I thought it would still happen that way. CC said in the small caps interview only last week that the previous steps would still happen in the order previously advised.
Now after todays push back I'm not so sure this is possible though . Has a delay come to light in the last 1.5 weeks that could change that comment/guidance from him and mean a CR before scoping study? Or are they happy to operate on super skinny cash for a short period? If the MRE is amazing will the timing of the scoping study be as important to SP?
As you say it will be very interesting to see how things are handled.
SVY Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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