The off hand mention of a $550000.00 cost to do a PEA
is a nominal figure at best nowhere written in stone or definitive in any way
The one thing a CEO can get away with is in making off hand comments protected by disclaimer regarding forward looking statements
Put it out there and forget it deal with it later
Make no mistake this figure is going much higher and the dilution boondoggle beginning to drown this company is well underway