Here my take on the timeline: 1. Water Use License will be initially publically published for technical review any week now (possibly days). Once the technical pre-published water license is approved by all parties the actual license will be issued.
2. During the conference call Chairman Nauman confirmed that the company could be profitable above $14 silver in CANADIAN DOLLARS (CDN). It is currently $20.60 CDN.
3. The production decision at this point is a foregone conclusion and the only lifeline this company has. The golden goose was sold and it has no current source of income. It is root hog or die.
4. Conclusion: Get in now or be left behind. Silver is going higher.