As one poster noted a week or so back, the only thing that has really happenned here is that the timline got pushed back 3-6 months. I think all the comments from the AGM confirmed that.

I think it is worth noting that the discussion on this board has been pretty accurate as to events unfolding that we have little information about.

For example, a poster noted that the flowsheet could be a patented process. I did not think it would or could but AE mentioned it may be pursued. top marks for that comment some time back.

Many here surmised that all the end users and/or miner an/or possbile suitors are waiting for the PEA. Again, AE confirmed this, along with a few analysts waiting for it. In one sense it forces us to be paitent but in another sense it will mean everyone will get the "Florida Orange Report" (obscure Trading Places reference) at the same time, so if there is going to be a rush it will have to be at that time.

AE confirmed that the cone of silence is necessary given the large number of NDA's and the size of these companies.

The PEA info was also telling - SGA wanting to improve the process, having only one cycle to REDUCE the cost. At this point, there is nothing to lead us to believe that the PEA will be anything but outstanding.

All the talk about next year and the PFS, etc is all talk in my mind. It is the smart way to present the business but I don't doubt for a moment that a buyout remains the #1 plan.

No doubt the post PEA period will be "Open for Business" . This PEA is going to be a very interesting read.