Feas. study vs bankab feas studystill nervous, but at least this has kinda stopped bleeding. course now that i say that, i'll bet it'll go down. especially if i grab some more. i watched this daily for the past couple weeks, bought in around 2.12/2.15 and voila....
anyways, i see in the most recent Jan15 PDF update, on slide 20:
https://atlassalt.com/AtlasSalt_January15_2023.pdf
Production Quickly scalable from min. 2 million tonnes/year start*
and * is at the bottom: the underlining is mine:
*Projection. Investors are cautioned that planned production is subject to a
positive Bankable Feasibility Study, mine construction financing and other
variables. As per NI 43-101, mineral resources that are not reserves do not have
demonstrated economic viability.
first ive seen the term BANKABLE. all we've been seeing so far is "Feasibility study", now this term? hopefully this isn't going to be another bait and switch introduced at the 11th hour, as in here's a worthless fesibility study, the BANKABLE one will be released in another 6-9months.
anyone confirmed specifics w/ the company?
id love to see no mo financings/ DILUTION; if capex around 100m, we have close to 20% of that now, just a question as to debt finacing the rest, but thats where the differences b/w PEA, FS and Bankable FS, or is that just BS?!
PEA, FS, BFS? or
PEA, FS, BS?