The steps Piskanja is a nice tidy project with pretty harmless borates coming out. I'm sure they will have to demonstrate how careful they must be with the Hydrocloric Acid or whatever that agent is to make Boric Acid, but no biggy. They can always nix that value added part if the Serbs don't want the jobs and revenue.
At this point it's just hitting the marks, step 1, step 2, step 3. I guess we could say step 1A in there as well for the PEA, so we can see behind the curtain.
Id guess a good .12 for Step 1A and promotion. Step 1 should get us ti the .20's. Step 2 maybe a buck. Step 3, $2-3??
I think they are just holding off raising cash for a little longer before they can start cashing in warrants or do another PP after we see a healthy increase in SP. Warrant redemption money should suffice to keep things going here soon. We really shouldn't be paying much in wages and expense. Mind you they are pretty wasteful.
We can talk all the doom and gloom we want now but I think we are in the clear. Temas will have seen the new numbers by now and they haven't cashed in their chips. We just have to keep their butts working and moving forward.