interest snippets from the quarterly.
production expansion funding secured. "US$40m letter of credit provided by Shougang to enable Admiralty to borrow US$40m from national Australia bank and immediately expand its production operations"
the slurry pipeline project based on "annual revenues at 10 million tonnes per annum iron ore production, of $750 million and a profit of approximately 50% of this amount..."
wow, 50% profit margin on iron ore at CMSB, is this real?
Argentina gov approved 2 applications of tax exemption for RLL for 5 years. Great news
The tender process is almost finished, woopie.
I most certainly didn't expect this one, ADY inventing a patent process for extracting and purifying lithium products. simply WoW.
"This process was finalised on 24 April 2008. A number of patents have been applied for using the Patent Co-operation Treaty process."
Just WOW, cant believe the amount of work that has been done. Great stuff.
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