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.
MFE Price at posting:
7.5¢ Sentiment: None Disclosure: Held
