RE:WHY… WHY… WHYI have wondered about the same. While WG has mentioned starting PFS this year, there is nothing stopping them to change it in the next 6-9 months from a PFS to FS. FS is just greater detail and higher level of confidence. There is also nothing to stop them from going straight to production after doing just the PFS, as long as the metrics are great, they can get the financing or have a committed strategic partner.
Also depends when they may be taken out which may happen in 1-2 yrs time.
I am quite surprised we have not had a news release about this year's work yet and possibly an update on the milestones coming up now that there is some money in the till .
I am also thinking if DM's project is not as robust as first thought, WG's valuation will go up. DM and Polymet have similar projects and if their projects are in trouble, it will just make WG's project that much more attractive. Thats why DM's PFS in couple weeks will be interesting.