Give them another 6 months guys. I will be the first to admit that it is frustrating the delays. Let me give you an example of how this industry works. A PFS usually takes 3-6 months and that is assuming little test work. For a detailed engineering study which leads into construction of plant it is at least 2 yrs. So to have come this far in 12 months or so is not out of the ordinary. The test now is what happens in the next 6 months. They asked for a 60 day extension but in the industry that may mean 120 days!
CDB Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
