why cdu has to be a lt investment, page-6

  1. 346 Posts.

    Hi Bermuda

    There were murmurings about a DFS before the JORC but if anything the purpose of a DFS would have only been to support it ( the JORC ) Since releasing it the company got absolutely smashed and bank funding was not and option so WM was lucky enough to move on and succeed in some equity raisings

    I would like to have seen some sort of FS but what's the point on wasting money on it now. Our status has moved on from being a junior explorer to close to production with many funding problems sorted, some still pending AND then of course there is still the question of the NC. I think most would agree that the JORC code hasn't supported the geology of the mine

    As discussed at the AGM, we won't really know what we've got out there until we start digging

    Cheers to all holders
 
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