My interpretation of their time line is as follows. Firstly they will undertake their ~6months drilling campaign and analyse and report out results. Then release and update to the resource size (all going well...) . This will see us through to end of 2018. I believe 2019 will see the PFS and potentially some offtake agreement, then potentially by end of 2019 a BFS. I believe they say 'near term' meaning the work they're doing now is to progress towards the BFS not delivery of the BFS this year. That said I have not seen a detailed timeline so it's just my interpretation of what I've read etc.
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