RE:RE:2 cent Maybe not impossible, but based on the news that has been coming out (or rather not coming out), does OTSO seem like a company that will be producing 90k oz AU per year starting in 4 months from now?
I compare them to a company like Pure Gold that is aiming to soon be a 100k oz/yr producer. Big difference between how the two present themselves to the market and provide updates. I mean going back to June all you see is news about late financials reporting, small financings, and shares for debt. Last real shareholder update June 12. There has basically been no material news in the second half of 2020 that relates to the start up of the mine!
From June 12, "The latest anticipated restart date is April 1, 2021."
"The Company's immediate priorities include the completion of the infill definition diamond orientated drill program to define the mining blocks, the publishing of a second resource update and new feasibility study (as announced on May 26, 2020) and the completion of preparatory works for production. We currently have 778 samples ready to go for fire assay and ICP. We note that the drill program will continue following the completion of the feasibility study to ensure continual upgrading of the resource base."
So we are due drill results, a second resource update, new feasibility study, and completion of prepatory works - before April?
Samples were ready for assays 6 MONTHS ago and crickets!