Agreed RG and I don't think BHP will be the only game in town ...... we have less than 20 weeks til the end of Q2 and it wouldn't surprise me if it (the PFS) popped up well before the deadline
PFS will pretty mush de-risk Cascabel I used to think the PFS (As did Irwin) was not as relevant as many felt ..... I now think it will define the company and the path forward
Whilst there isn’t as much as hoped for from last night’s release the following questions come to mind Whilst we were told that drilling was stopped in January at Rio (500m down hole 3) and at Porvenir (200 odd m’s down hole 27) why did they not state when drilling was expected to recommence or whether this had already happened? With PFS due sometime in the next 4 months and DFS now firmly on the horizon CGP will be fully aware of their upcoming liabilities , but they seem totally at ease ? They weee legally obliged ( By the TSX ) to release this news and the technical report in 1st Feb. There is no doubt in my mind that they are ticking boxes and saying the bare minimum to investors. Surely we’ll get something prior to next week’s proactive presentation otherwise there won’t be much new to talk about and quite a few potentially awkward questions to answer.
DaKat agreed …. Updates due anytime on Cascabel/Tandayama, Porvenir, Sharug, Rio …..plus cisne Loja due to commence H1 this year We will have the MD&A by Monday latest so may have to trawl through that for info