GREY:DULMF - Post by User
Post by
mayorkghon Sep 12, 2012 6:47am
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Post# 20350913
Resource Update
Resource Update Spoke to Mara Strazdins yesterday. The AMEC resource update is taking longer than expected and won't be released until October. This will be incorporated into the Bechtel Pre-Feaibility analysis, which will come out in 2013. The bankability analysis, when Antofogasta has the opportunity to acquire an additional 25% interest, will follow not too long after that. The August drilling program, which relates to the DMC IPO (the warrants issued to shareholders) has been delayed by a month and this will will likely delay the IPO somewhat. It all sounds positive...just taking longer than everyone had hoped.