Hi Vector
Your last sentence caught my eye - "Until the PFS comes out..."
AML announced the completion of a preliminary scoping study in April 2017. The usual step after a scoping study is a pre-feasibility study, following by a full or bankable feasibility study. So two years and four months after the scoping study was completed, we are still waiting for the PFS to come out. In the meantime some Walford Creek dirt has travelled to Germany and then to Finland for testing.
I understand that the mineralisation and the treatment of it is complex, but when do you reckon that a BFS could be finished? Sometime in 2022 is my guess, followed by financing (add another year or so), followed by construction etc (another 18 months). So the first production is likely by about 2025.
I don't know about other shareholders but I might be dead by then, OCP will own 99.9% of the stock, an it will have been a monumental waste of time. "Frustrating" is not even close to the words I would use (but HC won't let me use those words).
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Hi VectorYour last sentence caught my eye - "Until the PFS comes...
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