I can't remember exactly when but it was either late last year or early this year when Sheffield resources announced they would start construction as soon as the wet season finished and that production would start fourth quarter 2020 or first quarter 2021 at Thunderbird.
The wet season finished a while ago now and still no construction has started at Thunderbird.
Sheffield resources is also seeking a joint venture partner to wear part of the financial burden and I'm sure this is the reason for the delay in construction.
I've been thinking now at best Thunderbird won't be producing anything till 2021.
IMA Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
