When I read the 16th Aug ASX release it mentions that "The scoping study will identify areas where further data gathering will be required to input into a Pre-feasibility Study (PFS) which, subject to a positive outcome, will be the next stage of the project development schedule".
There will need to be much more drilling, including Met testwork and this all takes much time and cost to do. The projected current timelines will need to be extended - perhaps by at least 12 months. They would need to raise more money. If the project looks that good I ask the question why there is a need to do a scoping study in the first place when they should have already commenced a prefeasibility study?
