PENDING NRS Hi All,
I’m wonder what kind of news is on the horizon that could give a boost to our stock price. Here my list:
1) Completing the paperwork for impact mining – 4 to 8 weeks
No impact to share price as it probably already has it factored in per the previous NR.
2) Expanding the size of mini-plant to 30times previous – 11 to 12 weeks
Once the plant is underway and Argex produces 10kg per day consistently that will give a good boost to the SP as it will partially prove scalability.
3) (Pre) Feasibility Studies – ETA unknown
I’m assuming it will be well into next year for the release of the study.
4) Purchase agreement – ETA unknown
Highly dependent on the results of item number 2. I don’t believe there will be any purchase agreements signed until argex can produce a feasibility study.
5) Financing – ETA unknown
Again not until the Feasibility study is released thus I believe it will be in 2013.
6) Permiting – ETA unknown
Please let me know if I missed any items that are pending prior to construction of the first module