CJO 0.00% 13.0¢ cerro resources nl

cerro del gallo bfs timing

  1. 62 Posts.
    I just watched the investor relations presentation posted. A good watch, with lots of positive re-enforcements on the various projects, particularly if you think long term.
    However, in the short term I was disappointed to hear that the Bankable Feasability Study is now likely to be early January, not this quarter. The delay is more or less blamed on the external consultants preparing it. This BFS seems to be constantly a rolling six weeks away and Im getting a little tired of feeling like they are either hoodwinking me, or cant meet their own previous timing communications. Maybe i am just bitter as I was hoping it would have been released and hopefully have brought my investment closer to the green in time for Christmas shopping :)!
    Additionally, for those of you wondering, there is no new news or mention of how the CDG mine will be specifically funded in the presso.

 
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