MFE 0.00% 1.0¢ magnetite mines limited

roy management needs a boot to china, page-14

  1. 9 Posts.
    Hi Posters

    Please refer to the Royal Resources ASX release- RIU Sydney Resource Conference and Investor Presentation in May 2011 with a project timeline Headed with "An agressive schedule to see production by 2014"

    Drilling to define 700 Million Tones in 2nd quater 2011
    Prefeasiblity in 3rd quater 2011
    Drilling to 1Bt indicated resource in 4th quater 2011
    Definitive feasibility in 3rd quater 2012
    Permitting, Envior&Native Title 4th quater 2012
    Project Financing 4th quater 2012
    Project start up 1st quater 2013.

    No wonder shareholders are getting frustrated!!!!!!

    Enough is enough - where is this pre-feasibility study.
 
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