OTCPK:VDMRF - Post by User
Comment by
alfhopeon Jul 22, 2020 8:23am
122 Views
Post# 31300647
RE:RE:PP
RE:RE:PPNext Steps to Move Mont Sorcier to a Development Decision:
• Enter into Strategic Partnership Agreement(s)
• Undertake Drilling Program to Upgrade Resources to M&I
• Undertake additional metallurgical work
• Commence Environmental Studies
• Commence Formal Permitting Process
• Commence Discussions and Negotiations with various Stakeholder Groups
Local community of Chibougamau
Impact and Benefit Negotiations with local Indigenous groups
• Undertake formal discussion with CN, Hydro Quebec and Quebec Port Authoritisues for commercial agreements
• Complete a Bankable Feasibility Study
• Arrange Project Financing subject to feasibility study results
I would think that the next steps are arranged chronologically. Would mean that they must first look for a strategic partner. (JV ?) In my opinion, such a deal would lead to a revaluation of the company, i.e. the share price would have to multiply. The subsequent steps would then be processed in consultation with the new partner. Opinions on this ?