Post by
stockfy on Jul 12, 2024 6:02am
ASND: Construction decision is the second half of 2024
The resident clown and frequent poster of this board a.k.a. 101724 alias, noted a few days ago:
"Didn't this clown show say they would have a decision about going ahead or not with the mine in June? "
The answer is NO.
ASND has stated that:
"In 2024 we look to build off these achievements as we work to further optimize the FS work to enhance the project value, continue exploration work outside of the North and South Zones to enhance the resource potential, receive our construction permits, and finalize a low-cost ECA project financing package ahead of a construction decision at Lagoa Salgada in 2H 2024. "
Comment by
101724 on Jul 14, 2024 10:19am
Past presentations had a timeline of construction beginning 5 months ago with 1st production in 2H 2025. Go back and check. Then they they said a constuction decision would be made in June in time for the ASM. They never meet their timeline. I don't doubt what you posted. When they come out with a new "constuction decision" for 1H 2025, you'll be the clown.