RE:RE:RE:RE:RE:NEWS- PEA completed for Olza Zn-Lb Project in PolandNot sure. It will be on my list of questions the next time I talk to IR.
But it seems like the company is really trying to ensure all permitting is wrapped up by the end of 2016. If you consider that one of the permits they need is based on their mine development plan aka feasibility study and that the company expects all permitting completed by the end of 2016, I'd reckon we'll see the FS early in 2016. They will need to finish up the EIA and and land use plans before they can complete any FS, so I expect the next quarter or two will be focusing on that.
Bringing Robert Konski on as CEO seems to be, in part, a move to smooth out both the permitting process and stakeholder engagement. He obviously has a ton of contacts in Poland, both business and government. He has a lot of experience working in Poland. And being a native of the country, he can better relate to stakeholders. Not to mention the optics of a Polish guy heading up the company can help diffuse the "foreign exploitation" mantra you hear from a lot of anti-mining activists.
Here's a quote:
""We were told by the Ministry of Environment that we had the documentation approved in record time," says chairman David Copeland in a recent interview, describing the document as extensive, with 16 volumes covering more than just geology."
Source: https://www.rathdowneyresources.com/i/pdf/Proactiveinvestors-NA-Rathdowney-Resources-envisions.pdf
I wonder how much of that was Robert leaning on his contacts.