GREY:ADEXF - Post by User
Comment by
hundredvanities1on Jul 19, 2012 6:54am
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Post# 20129739
RE: RE: RE: RE: RE: RE: RE: What are the proceeds
RE: RE: RE: RE: RE: RE: RE: What are the proceeds AXI management has more excuses than Larry King has ex-wives for why they haven't delivered this feasibility study. You idiots accept these excuses. Smart investors run for the hills when management teams don't deliver on their promises. In August 2009 John Gingerich started talking about a feasibility study for Roche Bay being "on track." It's 3 years later and he might deliver something next week. We shall see.
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ADV released their preliminary scoping study in September 2011, and filed it in October. They will release their feasibility study this September. That's exactly 1 year, which is the minimum time required to prepare a bankable feasibility study.