Hi all,
The day the work schedule is out, we all would know that all the big players are set and have taken thier wanted positions already.
Seeing more fin institutions taking a seat in AAR train means that schedule is coming soon because they don't take positions and hope for the best like us!!
Once schedule is out then train is going to move north and in 1 direction!
We can't have a schedule without having a FS, we can't have an accurate FS without proper estimation of resources and now we're waiting for the new upgrade.
So order of actions is as follows:
1. Upgrade in resources confirmation,
2. FS to show net gain and capital required and schedule of work.
3. Going ahead with feysville to help out with capital requirement.
4. Raise funds for the balance.
5. Start building and implementing schedule.
1 other thing to keep in mind, rainy season starts in 2-3 months, during rainy season almost no more drillings will be done due to accessibility issues.
This is not a secret to management and that's why I'm optimistic that all 5 steps above should be finalized before end of calendar year.
This is only my opinion!
Cheers
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