?With the DFS now complete, the Board will move to undertake a detailed review of its outcomes with a view to securing the optimal rail access and infrastructure solution. This will enable progression into the BFS stage as the foundation for project financing and strategic partner discussions during the first half of calendar 2011.?
?Subject to a positive BFS and Final Investment Decision, which are targeted for Q3 CY 2011, site construction is forecast for the forth Quarter of next year, culminating in mining commencing in 2013 and plant commissioning late in that year,? said Richards.
BRM Price at posting:
$3.80 Sentiment: Hold Disclosure: Held