re-PEA..28 Feb 2019 15:34
If NM includes the drilling results since MRE2/Oct, wondering if he will have to release these before the PEA or whether it could be done in the same RNS?
I believe, despite NM's suggestions for a complete funding package for production, that he want s the rinse and repeat model he mentioned from earlier on.
this model works IMO, sell off Cascabel and lets go find more in the other 11 areas which could well be even better than this one.
That or someone pays a big price for the lot.
I cant see him taking this to production, unless no decent bids come in.
Its bit like negotiations for Brexit, in that if we took no deal as an option off the table, we would get a worse deal.
If NM states he is not taking this to production then cheaper bids would fly in IMO
I trust his skills, and he has been there many times previously