It's not the project itself that concerns me so much. The grades are low but that shouldn't be too much of a worry, given that the technology to take the fe to a 96% MPI level seems to be getting good results overseas. My greater concern is simply that they've been in talks for an eternity with little result. It doesn't matter how viable a project may be, if the management can't secure the funding to progress it. Again, it's an all or nothing play, but we need to hear something positive soon rather than more excuses. By the way, could you please go easy on the exclamation marks. It's like being shouted at and somewhat irritating.
Peter
LCG Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held