RE:RE:RE:RE:From the Horses MouthFrom Danny Deadlocks write up a zillion years ago:
"The PEA will provide capital and operating costs along with an estimated rate of return under a mining scenario. The PEA is being prepared by a world class engineering firm so that will carry the most weight."
Going by the corporate update and the"Development Calender" it appears two different companies are involved. One doing the resource update and one doing the PEA. Which one has an issue? One things for sure....... better it gets sent out correct the first time then be retracted a few days later. If that happens we're done.
Simon is going to be put through the ringer at the PDAC show unless he gives us some sorta good news shortly. Hopefully we hear some feed back from posters attending.
Investorintel anayst Gareth Hatch doesn't see to impressed with GMA's HREE numbers. Mind you I don't think he is including the last enriched zone.
"Geomega’s Montviel project has a relative distribution of 0.8% HREEs (i.e. out of 100%). If you want to include Eu and Gd in the mix, then the number rises to 1.7%. This is not an HREE deposit… "