RE:FS non event in market.Supply is great, 53k/yr and the project will turn a profit. Current market is 375k/yr of flake. Can the market absorb 53k? Who can use it?
Once demand marterializes, the project will move forward. EGZ still needs 160 million to build this mine, a big number when there are 0 MOUs or off-takes.
FS largely confirmed numbers laid out in the 2013 PEA, but we need a buyer, just as many of us stated back in 2013 when the PEA did not move the market.