RE:RE:RE:RE:RE:RE:321 NFG project PEA I still believe approximately 24 more months of exploratory drilling and assaying followed by a takeout to the highest bidder would be the wisest route for NFG to travel. If the best offer at that time is not considered enough to represent full value for what NFG has produced to date re. assay results / lucrative zones, keep drilling and wait for an acceptable offer.
Conversely, the building of a mine will in all likelihood take a number of years and hundreds of millions of dollars from the initial EA and permitting stages to the completion of the mine and first pour. If NFG wants to simultaneously do additional exploratory drilling in other areas of Queensway during this time period, add tens of millions of dollars more per year in costs depending on how many drills they wish to utliize in this regard. Further, what kind of interest rate and inflationary environment will unfold over this time period is another wildcard thrown into the mix that could signficiantly increase original cost estimates
Bdog I cannot even believe you wrote this