$500,000 Kool AidYes, you have drank way too much of the koolaid Salmon,
I agree KSM's project is more risky, however the goverment and FN support the project. Big difference from Morrison project!
You, like John Erik and the ineffective board fail to realize that mining in BC changed ever since Mount Polley. I think it is fair for the gov to ask for an alternative mine design, possible TSF relocation etc. as outlined in the SAIR. A 3D sketch will be another non event deadline self imposed by John. The gov will file the sketch away and revert them to the SAIR. Period. If you do not believe me, call the goverment yourself. They are not budging on the SAIR, which is a 36-month process that started July 2015. Nothing, I repeat nothing has been done since July 2015 except for the Compensation Committee repricing the options from $4 to $1 dollar. Not only is this criminal, it has placed a ceiling on the share price. It is no wonder why the price is stuck here. Very selfish of management - in essence they are fleecing shareholders to line their pockets. The board is not independent of mgmt at all!
I suspect you are a Director or part of management. You are so out of touch with reality that you have been blinded by John's lies. Look where those failed predictions by John & Erik have got the company! Do you honestly think raising capital to sue the government is a viable option? It will take years to fight, millions of dollars and even if you did win, what would you win? John said that the Judge could grant the EAC - that is so wrong its disturbing.
There is only one way to turn this ship around and that is to do what the gov says. Start the SAIR. Unfortunately, this cannot be done with the current board and mgmt group as the FN and gov have no confidence in them and rightfully so. Have you noticed that every group hired by PBM leaves on their own accord stating that they cannot work with such a stubborn group. It takes the gov one phone call to Progressive Group, or Renmark or whoever else they have hired to get a sense of how unprofessional, inexperienced, and irrational John's private company is. It is over and we need other shareholders to understand this to salvage what is left of the current application because the gov reserves the right to terminate it at anytime and force the compoany to start over from scratch. So doing the math, it will take you another 13 years and counting to get your certificate....