Agree company doesnt have to report every detail, but why not some basic information to make an investment ( as opposed to speculative decision on ?).I agree it is important to know company has all required permits in place with conditions met,or a reasonable timetable of when they will get the same. But I must say I am unsure why knowing rough parameters of capital required and what key assumptions that projecton is based upon is meaningless.
You are write some of the posts-including my own- went into perhaps too much detail,probably right.However if company doesnt present type of information that is standard amongst even junior mining companies in a pre-production phase, I do not see how that is investors fault to want to know how capital is required, is their fall projection still on track, what are grades and recoveries.
Management has to know this information, to have been able to forecast a fall 2013 start date. So next question why they dont release and why they dont present information on project that normally is standard in the industry and in the market for such companies ?
I do feel these are valid questions and not beating down the company, I do think an interesting speculation. How can it not be important how much capital they need to meet their own business plan ? Otherwise whether mill permit received or not ( or any additional permits),how can investor have even a rough idea they can meet their plans or CFO knows enough of this industry to manage well the financing process.
