RE:RE:RE:RE:RE:FCU Accelerates Towards Feasibility Status - 28 New HolesAgreed, the Dec 31st $20 Million in the bank - is for getting to Feasability - saw on twitter an article from Mining Journal suggesting FCU is "fast tracking" to Feasability - trying to really get as close as possible over these next 6 months. I do agree with you that derisking is good overall and adds value to every pound! I just feel the difference between under land pounds that "could" be "open pit" (currently labelled as underground which - if we use the original Economic Assessments is $15+ per pound extraction cost - compared to $2.5 or so for the open pit high grade stuff at 78oE). This is why I harp on the Feasability study likely will be out of date because the mining plan only will encompass 780E and 00E and combines the economics of open pit AND underground. I am not complaining or being critical - this is somewhat the same for every mining company doing these studies (NXE probably has a lot of high grade pounds that didn't show in PFS) but economics affect NPV and the overall appearance of the profitability - (which is why I also keep saying FCU should MARKET more the insanely low cost of extracting the high grade open pit pounds, not the overall average cost). Another example of economics - where you mentioned DML having held a bit more gains because they published their PFS - well - I agree to a point - but I think the big thing for DML was HOW MUCH they improved the economics by designating ISR mining process to an estimated mining cost of $3.33/pound. Amazing and very attractive. How many current or prospective investors in FCU know that the open pit portion of 780E has even better mining economics than THAT - I bet very few.... At this point in time it is a minor rant on my end. I am just wishing that the mining plan and pfs/feasability study COULD include the new pods to west - as I think in the end those will REALLY move the needle, the whole economics (starting mining on the west side and using cash flow to slowly build berm would also be a huge savings in interest costs, and deferred expenses and maybe other synergies, like using the material extracted from west to build the dyke/berm). None of that potential (I have no idea if it would work - but seems reasonable) is factored in now, nor will it be in Feasability study - I think that affects FCU more than some other companies. After the ear-marked $20 Million is gone (which could be quick here) - then my point is I'd rather see them borrow like NXE did, than have to raise money at 0.55 a share - yuck - heavy dillution again....borrow now - raise money when share price is $2 range like the average target price is please. Just my hopes. I do agree that having a Feasability study in hand, that could be tweaked or that covers a portion of the overall property (and the rest could be spun out, etc) IS better than another $25 million pounds - agreed. Very good point. I am not complaining that we will have a pfs and feasabilty study soon - just hope we don't get undervalued in the end.....