More than 12 months to deliver the DFS seems a long time to me given all the work to date done by HXG, then they make a decision whether to mine or not? It would explain why the share price has gone backwards since the Min Res deal was announced. I don’t see the share price going anywhere but lower until the DFS completed and a decision whether to mine or not is made. Sell or bottom draw for a couple of years is how I see it.
I forgot to change sentiment to sell.
Ann: HXG and MRL commence McIntosh Definitive Feasibility Study, page-3
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