RE: RE: Nokia By the way, we are still waiting for the S-Team to provide us their future view wrt NGC's BFS so we can compare their current 100M NPV to myu forecasted 750M+ FMS NPV.
There you go again Skippy sitting in the bar with that nice glass of scotch poured and doodling on the back of the napkin and coming up with 750 million with nothing to back it up from a professional.
If you are comfortable with the 750 vs 100 then good for you. As for me I will have to wait to see a bankable for the NGC figure as I will be relying on experts to work the numbers. My napkin calculations would not be accurate. We shall see by the end of April (my opinion re NGC's NPV) as to an updated BFS.
When do you think FMS BFS will be release?
When do you think FMS mine closure will be filed?
When do you think FMS pilot plant results will be available?
My opinion of an offtake for FMS (unless of course its with Grafoid) is it will not happen until their mine closure plan is approved and until the full pilot plant results are released because the offtake partner will want to know what they are purchasing and of course WHEN they can expect delivery of same. I doubt they will take GE's word for a delivery date. GE has no credibility when it comes to dates, example who did they sign the off take with in Jan. 2012........ you see what I mean.
Have a good day the tennis courts and outdoor activities are getting into full swing.
One caveat with the delivery dates in GE's defence, he is relying on third parties to perform but he should by now know that one should not promise the moon when one is relying on third parties.