RE:RE:RE:RE:some numbers As far as i can tell, they have yet to commit to their construction timeline. All they have is a PEA. this was taken from their corporate section on consultation... It does look like they are on track with the timeline i set out:
Tentative Project Schedule:
- 2014: Beginning of the prefeasibility study, authorization request and funding.
- 2015-2016: Continuation of the prefeasibility study, preliminary construction and start-up phase of underground exploration.
- 2017: Feasibility study, construction and commercial production if the previous steps are successful.
they still have to do a full feasilbility study. the company was required to clairfy statements within their PEA (had their knuckles rapped:
The Company further clarifies that the PEA does not confirm the feasibility of development of the Lamaque Property, which would not be confirmed unless and until a positive feasibility study within the meaning of NI 43-101 is prepared for the project. The Company has removed references to the term "feasibility" and "robust economics" in association with the PEA for certain of its investor relations-related materials.
there is a long way to go before construction. IMO.
DN