FT Is SHOWING PROGRESS & CRITICAL EVENTS Are MOVING AGAINFortune is waiting for the government ice road from Whati to Gameti to open, which would enable the Company to truck ore samples from its existing stockpiles at the NICO site to SGS Canada Inc. in Lakefield, Ontario for the planned test work program. ^^^
1- NICO ore to SGS mini pilot plant
2- TEST RESULTS to FEED into UPDATED FEASIBILITY STUDY
* Government DECISION to PAY PART and/or ALL of the EXPENSIVE FEASIBILITY STUDY
3- ONLY THEN CAN FT SEEK PROJECT FINANCING FOR DEVELOPMENT of NICO MINE + HYDROMETALLURGICAL REFINERY
* Rio Tinto (among others?) will DO AN IN-DEPTH ANALYSIS of the FEASIBILITY STUDY and come to an INVESTMENT DECISION
z173