After the pre-feasibility is before the feasibility.FYI does not owe an answer and provides a detailed timetable.By the end of Q2 next year, the road-ready feasibility study (FSO) will be completed.Acquisition agreements will be concluded in the course of 2019, financing will start in Q1 2019, construction of the mine is scheduled to begin at the end of 2019, and operations are scheduled to commence in the second quarter of 2021.According to the plans, it will take about two and a half years until money flows - assuming off-takes and financing.Whether this is a long or short time is in the eye of the beholder.The stock market is probably rather impatient and would like much faster than in reality possible.
FYI Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held