" Detailed feasibility studies require a significant amount of formal engineering work, are accurate to within 10-15% and can cost between ½-1½% of the total estimated project cost."
So I guess 7mil at least and Tivan up and running required to complete. Perhaps CSIRO have prioritised other projects.... I guess the positive in that is it buys time to find the money to pay for the DFS.
It would be great to get a percentage of the work completed so far on the DFS and delays being encountered on outstanding items.
Dare I say it, suppose TNG dropped out of other projects to solely focus on Mt Peake? It would save on reporting on these idle projects and show the market management is confident Mt Peake will launch TNG.
TNG Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
