A document like that is what is required by the market to make an informed valuation of the company. If as the article posted by Gero earlier suggest that the risk of CGNP pulling their bid and risking a 3 month freeze for any fresh attempt is a starting point, a good set of DFS metrics will make the formal bid that much more urgent now that RIO is getting better headway with the RIV bidding process. As JL also mentioned that the board has several options in play all at once, one being a jv with RIO in an advance capacity I am guessing that Husab will either finds its way to a miner status sooner with Chinese finance or the jv is negotiated for an even earlier mine status (not much infrastructure build). Third option, management go it alone for a longer delay to that important status. In any case I don't see any stagnation of mining developments.
EXT Price at posting:
$8.40 Sentiment: Buy Disclosure: Held
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