TSXV:EPO.H - Post by User
Comment by
RetiringYoungon May 23, 2018 10:45pm
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Post# 28073147
RE:RE:RE:news out
RE:RE:RE:news outPrey, shareholders want communication and updates as to what's going on. This is what the company is working on: new guy with 30 years experience at Potash Corp developing the way forward with the engineering firms to come up with a plan to lower costs to both build the mine and operate it, get feasibility out and develop a project that is still attractive in a time period we find ourselves in that is terrible for junior potash companies. They have reviewed alternative solution mining technologies (which we assume are selective horizontal drilling?) and chosen what they believe is the best path forward, which shareholders have been wating them to.
"Richard states “I have reviewed both classical and the newest of extraction technologies for solution mining and feel confident in the present strategy to deliver both a CAPEX and OPEX that will allow for margin elasticity.” In addition to the proper solution mine design, we are actively reviewing the vital components of the project such as optimal power generation strategies, shipping logistics, as well as water infrastructure cost reductions through additional First Nation partnerships."
So I'll ask you again honestly, what do you want them to say? Nothing or something?
If you're going to answer, please don't be flippant or insulting, thanks.