Ann: Pre-Feasibility Study Update, page-58

Boofet,
I admire a lot of your posts and note that you try to bring a calm rationality to the thread. On this occasion though I cannot agree with you. You mention the slight delay in the PFS, that is the slight delay in the last projected timetable for the PFS. You may not have been a holder when we were told we would be in production by 2015 and now in 2018 we have a slight delay in the PFS. Really? If it is indeed as hard to get a project up as you suggest why were we told we would be up and running years ago? At the very least management had no idea what they were doing. This may explain some of the cynicism of us 12 years and longer holders who could detail to you the many promises (lithium debacle, green sands etc, etc.) and self-imposed timelines which have never been met.
Good horse, good jockey, good bet. Good horse, bad jockey, bad bet. Oh how I wish I had learned that lesson a long time ago.