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Key Milestones?, page-2

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oxxa23

5,916 Posts.

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13/12/16

11:09

Post #: 21294848
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Originally posted by GeoDrill ↑

On the 20th of September the following milestones were stated to be completed:

"The following milestones are to be achieved in progress towards binding agreements:

- Finalisation of technical due diligence, including confirmation of desired project scale and product specifications; 2
- Finalisation of commercial terms;
- Completion of detailed commercial documentation;
- Approval from the Group boards of CN Docking and China Gold; and
- Securing Chinese regulatory approvals customary for overseas investment."

I am curious as to what has happened with these milestones, nearly 3 months later, and not a single one of these milestones has been achieved. We are really getting overdue for the completion of technical due diligence, and should have already been well into the finalisation of many of the other milestones.

What is everyone's opinion on this?

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i think the very first point is being held up for updated resource size and possible updating of pfs... should be this month... then they will all be ticked off very very quickly

MVL Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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