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27,469 Posts.
3247
06/01/15
10:38
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I am out.
Summary -
Pros - they do have 1.9mt supporting a 2.5 year startup with exploration to find more
Cons - I don't believe that trucking is viable through town - - 1 truck every 4 minutes.
So there will need to be a larger capex spend solution.
The market isn't buying the story. Logistics through township is the killjoy here.
So will they or won't they. Anyone speaking emailing Sholom might ask how the township feels about a truck. Per 4 min schedules.
Break even for me on the trade.
Good luck holders - make sure it's viable otherwise it's just a spec.
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