New Corporate Presentation Up on Fission WebsitePFS now "early 2019"
40 holes over next 2 years planned for moving pounds to indicated.
Goal of 2020 for FS
- lots of technical stuff regarding berm and trench and stuff I don't really fully understand in the goals section.
Quite surprised how conservative they are still being with regards to expansion drilling these days compared to prior years - but they are being fiscally responsible I guess. $20 Million CDN or so in bank at end Dec 2018.
I really wouldn't mind a loan and some heavier drilling to the west at 840W and towards boulder field - as those under land pounds are key. Early on they do note that other than much of OO and 780E - the other zones are still considered "underground mines" not open pit - in terms of cost estimates. I find it very likely that the shallow, under land, western pounds would be open pit as well - but that is not factored in to economics yet.....
Maybe if spot really bounces back more in 2019 and future contracting at decent prices begins again we will see a loan and more aggressive drilling again. I don't want further share dilution - go borrow money at end of year if needed.....IMHO