Nathan Black wrote "Re. the BFS when is this due to be released?" "May, 2011. Their are now 3BFS in the pipeline. Each with different working parameters to pitch to different parties, including the latest angle of possibly going it alone."
Actually I would not be surprised if it comes out a little sooner. It all depends on the way you interpret the word 'by' in the following paragraphs. When NKP state that the BFS will be out by May, I have no reason to assume that the BFS will not be out in April.
"The current optimisation process provides for a substantial upgrade of overall project value and an enhanced potential for shareholder returns. The Company anticipates the final optimised project path forward being completed by May 2011 (given the potential for the Tubatse Project to now form part of the initial development) with a strategic partner and mine development decision soon thereafter."
Newminer.
NKP Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
