Completed steps for PEA due in month or so...The following has been compelted
-Resource calculation updated for recent trailing average metal price increase by P&E.
-Preliminary mining, processing and G&A costs determined by P&E and DRA.
-Preliminary process plant recoveries determined by DRA.
-Initial pit optimizations complete by P&E.
-Recently commenced exploring open pit phasing sequence by P&E.
-Commenced geotechnical pit slope review by MDEng.
Really hope to see a JV and the drilling permits soon, at least there's some buying today and not being walked down yet again....
With upcomming 5000+ meter drilling planned and only 900k left on Feb 26. They will be low in cash and need a partner or will dilute more.
AAZ had to dilute more to fund there other drill program meaning they don't have enough cash for Lithium drilling so will need to raise more funds soon for that...
Hopefully they pull something out of there magical hats soon..... They really need a big player to step in.