So to literally summarise your post
- the $1.5m spent on the SS produced the least detailed study you’ve read
- the $3.5m they are about to spend on a PFS, covering 5 additional tenements, will provide a high level of detail
- BCI can then bail on the JV and keep 40%, NOT 40% of KLL, but 40% of the JV they just bailed on
Hmmmm..... I hope you aren’t BCI management!
This is what KLL will do
- they will drill the current program deeper
- the other 5 tenements will be shallow tested (~1m)
- the PFS will be performed over the current program (cheap)
- they will expand the PFS to cover the other 5 tenements even though no work on it was done
- it’s what they did at Beyondie
Telling me to sell is being lazy. Telling management to pull their head in a do a better job is hard
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