Pre-Feasibility - Rising ValueRecently discussed with whaler and ionmetals, the importance of announcing the engineering firm to deliver the pre-feasibility study in relation to mum's rising share value. Investors want to see clarity of a project advancing from one stage to the next. I experienced this through involvement in growing mining companies that reached billion dollar status. The delay in announcing sends a mixed signal to investors. My hunch is that the signal is becoming more clear and the Board is close to announcing. That could be, "what is cooking".
The selected engineering firm has a project management group ready to complete the stages of pre-feasibility and feasibility. Clearly, Mustang has the President and Operations Management team to swiftly get nickel to market.
bugbee