Timeframes & CR?, page-2

I would have thought 3-6 months could be possible given the work already undertaken on the BFS, but the lack of detail in the announcement on Friday and letter today doesn't fill me with confidence.

Construction commencement is a function of financing which appears a way off unless the revised-extended can deliver some solid financial info. I guess it is possible that some parties have indicated financing might be available for a smaller start-up operation and this is the reason for changing tack. I doubt that this is the case.

I'm pretty surprised that it is going up on that letter which offered a lot of fairly hollow assurances. I've used it as an opportunity to lighten my holdings and I think a lot of others will be thinking along the same lines.