Its hard to wait. Are we almost there? Can I open something before Christmas? etc etc. BUT AE has not stated that the PEA would be released by the end of Q1.

The Dec 16 PR stated "The PEA economic evaluation is substantially complete except for the final inputs from the purification test work. The final results of the metallurgical work and the subsequent PEA will be announced once completed. "

Neither AE nor anyone else in the company has updated that statement since Dec 16the except to say soon or being completed.

If the PEA was done, it would be released as this is a legal requirement, therefore it is not done. Question is why, issues with metalurgy, I agree this is unlikely. I believe that AE and company are working on processes to get end user specs. and this is what we are going to hear next. Will PEA never be released in favour of a buyout, unlikely but possible.

GLTA Longs