PFS out on Monday 17th?TLG will be on VirtualInvestorConferences.com next Tuesday, so I expect them to have the PFS released the day before, otherwise it will be very embarassing for them.
But to be honest, I think we will get another delay into Q1 23 with the excuse that they need more drill results from the high grade zone to include it into the PFS.
We just reached an all time low yesterday. The delay from end Q4 21 to end Q2 22 and then to end Q3 22 let the pps drop to a rediculous level. Now we are already in Q4 and no word from Justin Reid on the renewed delay. The fact that they recently made a PP @ 49cts without announcing it was 1) a hint that they need additional cash to get through the next delay or 2) let participate a third party in the company to get an off take agreement for the upcoming "financing debacle".
I'm a bit frustrated by the communication or the lack of communication, it's like they don't care and this is reflected in the pps. It is a horrible market environment for juniors, I'm aware of that, but TLG has such a promising brown field project with increadible numbers and we are sitting at 37cts, WTF!
What do you think? Or what's your impression of the current state?
Have a nice weekend