RE:RE:Stock down ahead of the New NI 43-101 bk, it will be interesting to see how the substantial increase in just about everything the last 2 years affects both the CAPEX and OPEX of the project.
Natural gas has gone up drastically and is the projects largest OPEX drain cost wise, so lets hope the corporation managed to lock into a reduced commercial natural gas contract at some point when prices were much lower.
Doesnt change the fact that the required natural gas isnt currently feeding the project site, but lower costs will help the bottom line. Hopefully the Tech Report also includes the actual cost of the gas transmission line to Wynyard, as that cost wont have gone down since 2013.
Also the cost and time required for reviewing the environmental assessments may add considerable delays to any potential construction schedules, as it all goes through the goverment, and they cant be thrilled with the recent press regarding the Wynyard Project.