Prospekt, your post including:
"Maybe the Resource Estimate was starting to show much better numbers and it became obvious that the whole project would be significantly better if the new data from the new Resource Estimate (RE3) were included in the Feasibility and so the decision was taken to just take those extra months. They pulled in Jim Gray, who they have worked with in the past and who was familiar with the project and the historical data. They now have a team together who can complete the Resource Estimate and incorporate it into the Feasibility properly."
This is a very likely possibility and I think that with the activities that happened this week we were all so pre-occupied thinking about the NR that it took us a few days to calm down and think of possibilites other than our management leading us astray.
Within the last 2 weeks and the RE3 preliminary numbers in hand, what if ES said to Tetra Tech " We would like the new RE3 to be included in the FS, after seeing the preliminary results, they need to be included " TT says " Well we agree, but we do not have the available manpower right now to get the RE3 included and meet your timeline of March 30"
If this was the case, the manpower issues are true, Elmer is not lying and it does not mean Tetra Tech "Dropped the Ball" just slightly different context.
Could the current black out be because the RE3 numbers were acquired earlier than we thought? Say early Feb.
It might have been better to say to us SH that the RE3 is now going to be included, thus the delay, and we all would have been slightly disappointed but happy for added value and honesty.
With Jim Gray's involvement in the preliminary FS, I cannot believe that he has not been involved in the FS already, a good move to get him involved. He must have done something right b/c the PFS numbers were good!
Have a good weekend everyone!
Cheers!
