RE:RE:RE:RE:RE:RE:RE:RE:RE:New PEA numbers CanCap22,
What I like about the two reports which should be released to the public no later than Jan 7th is this.
The PEA designed for the Serbia Mining Ministry in pursuit of the Mining license will meet their necessary standards as required.
IMO, the 2nd PEA that is being designed for the N/A market, and very similar to the level of a NI-43-101 document, is specifically being tailored to motivate Institutions & new retail shareholders to come join the party.
I'm expecting a strategic marketing campaign also to occur in a timely fashion to educate retail and institutional investors of "our lovely, jewel boron property" at Piskanja. Others like to refer to it as "our cash cow" and I'm good with that description as well.
In summary, the numbers being bantered about today are a share price surge of $0.30 to $0.50 with a 30% increase of gross project revenue after the PEA's are released.
If Mgmt times the marketing program correctly, we should easily achieve these numbers.
IMO, these numbers are conservative particularly when you have off take agreements in the works, potentially multiple warrants converted to shares, the ole Pobrdje mine becoming a mining reality, today's market prices/tonne for colmanite and boric acid and of course our huge borate tonnage with product purity, just to name a few.
If this doesn't wake up Institutional buying nothing will! That's why MD calls Piskanja his cash cow Cheers!
(bb-99)