RE: ASCENDANT PROVIDES AN UPDATE FOR ITS LAGOA SALGADA...Just my opinion here. At first glance it almost seems like a nothing new PR. However, let me break it down as I see it.
1) Feasibility study expected in May-Better to release it in May instead of June around the annual shareholder's meeting. If they waited, I would have definately voted no to all candidates. Show me something that I can base my vote on. Not that they care about me.
2) Final Metallurgical Results Expected Shortly-We've waited somewhat patiently for some numbers. As they say, numbers don't lie. Let's see what we have. Possibly bringing tin into the picture helps too.
3) Appoints SD Capital Advisory and GKB Ventures (S&G) to Investigate Export Credit Agency Project Finance-Of course this is important. Sooner finacing is obtain, sooner we can start construction.
4) Permitting Process concluded without any major issues-Seems small but actually good news. Portugal as always been supportive of the project but getting the community surrounding the project support is bigger. Jobs alone will be a huge plus for those communities.
Final note: Even if everything falls in place, we are still 2 years away from initial production. As we know in mining, the numbers of what you have in ground mean nothing until you actually pull it out of the ground. Hoping we have no hiccups along the way.