Christmas and Boxing day are public holidays in Australia and Tanzania, but not in China. New Years day is a public holiday in all three countries. Hence announcements are less likely this week.
Timing is just as important as other factors like resource, quality of product and financing. I think BKT is at the right place, at the right time. A major collapse in global financial markets could possibly cause delays if we read the news lately.
But, yes BKT is getting close to announcing the pathway forward for mine construction, and should provide rewards for investors over the next 12 months and well worth the wait.
Merry Xmas and hopefully a prosperous New Year.
