Good info about the BFS - I wasn't aware over all these years trading small mining stocks that they only complete a BFS for the banks / funders requirements - & costs multi $'s.
Guess as the mine was a previous working mine & already has the infastructure built in but may need upgrading, then if they can complete JORC & have ore that may be able to be placed into production then they will have cash flow in a short term. Therefore most probably no BFS requirement . Source is good.
I recall Hot Trade mentioned something like it may cost them $500k, but think he may of got this mixed up with the overall costings of the Feasability at $500k.
Recall his post he said he meet up with a bod member. Try messaging him about this?
Thanks
SAU Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
