RE:RE:Keeping in mind CNC will produce
Thats why the PEA is so important, we all await what the "real" numbers will be, although they are just temporary until the FS. I came up with ~$1 billion USD for the Fe & S pretax. Everyone should have their own SWAG of what can be produced. There is a chance the Fe wont result in payables at all. The longer the PEA takes, the more bearish it appears for retail investors. The reason is, we will be getting a FS shortly after. The PEA is ho-hum, it will be replaced in less than 12 months, no biggie. But what if it is less than expected, far less? That could crater the share price, & would lend to being withheld for as long as possible to minimize damage. A great PEA is eagerly released, it can only boost the firm's prospects for raising capital. Good or bad, at some point you have to come clean with the numbers you have, not the numbers you want, or the "woulda coulda shoulda" if this that & the other might happen.