Ann: Coburn Zircon Project Update , page-21

RedemP,
You do make a number of interesting points.I too believe zircon ann's will be coming soon.
Also,would it make sense to sit back and do nothing till mid August?
The sealed road is the "principal long lead item" required before building the mineral separation plant + power station.
True, POSCO may be delaying for reasons known to it, but imo Gunson is doing the right thing by building the road and updating the project costings.
Note, the company is "in discussions with a number of institutions keen to provide equity finance for the project"
Do we need POSCO? Can we just borrow the money and go it alone? Do we have any real reason to doubt that the company isn't in discussions with "a small number of alternative strategic partners"?
The time delay may also work in Gunson's favour, so it can progress these discussions.
It's not that long till August, the project's not dead in the water, and I don't think it will ever be.
Price of zircon's only going one way!