Forum Topics LYL LYL Business Model/Strategy

Pinned straw:

Added 10 months ago

I am guessing some of our people who are not involved in the engineering/mining sector would think this is a big deal.

A PFS is something that will take 9 months to 18 months and the value is about $1m to $1.5m normally. My point is, this won't move any needles, it is a small deal.

Bear77
Added 10 months ago

True @Rudyboy But a good number of feasibility studies done by Lycopodium lead to EPCM or EPM contracts if the project ultimately gets the green light. So FS announcements are still positive as they indicate the that the potential project pipeline is still either growing or being maintained. May not lead to anything bigger but then again... it might.

5