When we start mining?Wonder what Dev. means in his interview when he says:
"The 600 west zone is very important. It is on land and what it does is it means that you don't have to move the dirt twice. What we will do is we are going to start mining on 600 west first, take that dirt, build a bern. When that is done we will fill the hole back. That is a very cool, economic way of mining. That is one thing we are doing right now exploring 600 West to show that this thing is going to grow, grow, grow." Who is WE?
If PLS is going to start mining, that will be a major blunder! They do not have the expertise and that will extend the time line for shareholders reward by a decade if not longer.
Why do we have to keep reminding him that this is an exploration company and it takes a certain expertise to make a transition??? A lot of snags and booby traps along that way if your not an experienced producer and simplistically think you can dig out shovel fulls of money!
Then he says "Develope as far as you can before you hand it over"
Which one is it? Would be nice to have some clarification!!
Have seen the disasterous results of exploration companies going from exploration to production and they rarely work out for the benefit of the shareholder.
What really is the plan? Anybody really know?