The feasibility study, although interesting and highly expected to reinforce our retail investment, is almost exclusively for big institutional, government and/or commercial money… unless of course you have a few extra $100 million to invest to help front the capex. Therefore whatever Mark et all are doing now is to swoon this market and not cater to our every concern. If swooning this market means this document isn't institutionally ready by the end of the month plus 45 days then it's simply not coming out no matter how badly us retailers scream.
Even if the top line numbers are released on monday what are they going to mean to you? What will it do to the stock price? Will it definitely tell you when, if ever, shovels will hit the ground? No. In fact I expect huge volatility to increase which will continue to drive most of us crazy! Day traders and shorters will most likely flourish in the 45 days of retail speculation. I expect the stock price to rise sharply but it also wouldn't surprise me to see it drop some just because it's still vulnerable.
No… the real announcement and answer to shovels hitting the ground will be “German gov loans Niocorp $100 million”, “Trump trumps this offer to keep assets in USA”, “Cliffs offers $250 million all cash deal for 8% of Niocorp”... etc. This is also when you can see us moving to the NYSE. This is when the party starts for you guys in Thailand! This is when you tell your wife she doesn't have to work anymore.
Because no matter what the feasibility numbers are and no matter when they come out it's still just speculation on whether or not institutional money is imminent.
Of course i for one will be pissed as hell if they don't get it started next week!
