Looks like management lost his way no updates on BFS since 4-6 weeks as they told they will give fortnightly updates. Andrew Bruton is saying “Imminent BFS” but don’t tell us what “Imminent” he means, is it 3 more months more 6 months. The way I read previous announcements my take is that First they will release ( god knows when I am pretty disappointed) then they will go for financing and then Southern Port will (!once their port expansion approved) will give MIO port usage approval, seems like 2024 Q1 production is not feasible as management not even ready for BFS and Financing, I am also wondering value what ESG have added on project financing strategy so far. May be cream is already out in form of Infinity Mining Limited and we will be left with bread crumbs ( hope is not the case - Hope is dangerous word for investors imo).
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