"Timing for the update of the feasibility study would be favorable…"
Indeed it would r3s0urc3. We were told it will be released in the the December quarter of last year but it appears to be yet another timeline missed.
Again, I am sure this is another instance of something beyond our Company's control but they just keep adding up with not a peep as to why and when. We now have a new CEO but I fear we may only get some idea as to where we stand in our development when the quarterly is released probably at the 11th hour as usual and this will happen only because it's compulsory. No doubt Prashant is an excellent choice for CEO and for all our sakes, I wish him good luck in his new role but keep in mind he has been with us since the beginning of September last year so it's not as though he's unfamiliar with all our inner workings. He needs to restore shareholder confidence, lost credibility and shareholder value as one of his priorities. Some say he needs more time to adapt to the role but for my money, when you're on 459 thousand ozzy pesos as a base per year, you want to be up to speed on day one. Let's hope we don't have to wait for the quarterly to learn of our present status with all the MOU's, LOI's etc and future realistic timelines which will see us finally rein in our peers. It would be especially nice to hear this on a voluntary basis and not via the compulsory one in two and a half weeks time.
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