GREY:ADEXF - Post by User
Comment by
HVAN1on Aug 30, 2012 7:50pm
140 Views
Post# 20282228
RE: RE: RE: RE: Speaking of Panic
RE: RE: RE: RE: Speaking of Panic That's completely false. The NPV and IRR that AXI reported publicly in July is from a "draft FS"? Of course not. If it were a draft, then the NPV, capex and IRR results might change. Of course the numbers won't change. They are final.
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AXI and XinXing have definitely received the definitive feasibility study from Tetra Tech. They are not required to file the report on SEDAR for 45 days. This is the same rule for every company in Canada. Once you receive the final report from the independent consultant, then you have 45 days to file that document on SEDAR.
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What's so hard to understand? XinXing has the report, and there's no movement towards signing a JV agreement.