I dont the update was pathetic but with the quarterly report due by the end of next week, it just probably wasnt really necessary seeing as we will be reading the same information in the quarterly. I would still like to see the PFS before getting too excited as i am interested in the start up costs and the expected production start up date. If they agree with Veritas - and there is no reason they shouldnt be similar - then we are looking very healthy. I emailed Max recently and they are still intending to release the PFS followed by the detailed feasibility report later in the year but they are waiting on information from third parties which is the reason for the delay. I would imagine that if the project were in Australia, it would be easier for an Australian company to estimate some of the costs. It may be more difficult to determine construction costs, for example, in Nevada than if it were in WA.
RHM Price at posting:
37.5¢ Sentiment: Hold Disclosure: Held