The Company has identified a number of key areas, primarily in earthworks, to advance Fekola towards production prior to a formal final investment decision being made, following the release of the Definitive Feasibility Study (‘DFS’). These works will minimise the potential for delays once formal construction has commenced, in particular, the impact of the wet season.
Pardon my ignorance, the above was taken from the 14/5/14 ....I read this that they would like to go into production, but prior to a formal final investment decision.
To me it doesn't sound like a takeover coming....am I misreading things as we only talking less than 2 weeks between this statement and a TH?
PIR Price at posting:
$1.43 Sentiment: Hold Disclosure: Held