The last timeline made available by PM1 management was included in the Investor Presentation dated October 2019. As follows:
Can anyone throw any light on an updated timeline on any of the points raised in the above program?
For instance the Pre-Feasibility Study was delayed by almost a quarter and didn’t include HPA. No doubt HPA was not included as it was a later addition, plus it would have delayed the PFS further and it was important to get the PFS completed for the core business.
However, I believe this raises some questions of the now current timeline which could well affect the SP:
- How long will a PFS take to include the HPA?
- Will the DFS be delayed because of the addition of HPA? (Although I don’t see why this should be the case).
- Has the new pilot run begun on the ore received from NC to produce test samples for potential offtake partners?
- Have there been any developments that will delay the projects construction?
I have started a letter to John Downie, but thought I would see if anyone has any input to offer.
GLTAH
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