I am a believer guys, but the thing that narcs me the most is the lack of delivering on milestones. The real news which should be released in the PFS update and drilling results are still not forthcoming.
The much anticipated PFS update was scheduled for mid Feb in the Quarterly Activities report released 30/01. That was changed to early March in the updated presentation released 29/02. Here we are mid March and nothing in sight. That means looking two weeks ahead they underestimated by at least four weeks.
If there is anything that is going to damage confidence it is this sort of thing. What confidence do we have that PFS will be delivered in August if an update moves triple the time forecast.
Not trying to down ramp as I'm already heavily committed and that's probably the thing that is frustrating me. The SP. Everyone thought we would have something positive to invigorate and instill a new energy in the SP, but all we have had is unfilfilled promises.
If you are going to set milestones, stick to them. I'd rather hear a later date that is real than get frustrated by a lack genuine forecasting. It's the only thing that bugs me about IDC, but I think it is a problem they need to resolve.
Normally positive, but there's my bitch for the day.
BT
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