socialisation process, page-15

"Sinosteel was going thru a restructure and was linked to Burraga on the rumour mill."

A rumour mill is often a problem.

If we look at some detail we know that there was a large Chinese mining firm interested in some of the mining prospects that RAU was investigating.

We know that probably that particular Chinese firm was interested in Burraga.
We also know that there has been a document signed between RAU and a large Chinese firm much in the way of a "letter of intent" or an agreement to participate further together.

But we also know that very little has been done about Burraga in recent months as FNQ and Bolivia have been the major focus.

However, it has also been stated that some Chinese will visit RAU's project(s) in Bolivia probably this quarter.

Remember the major focus is really on getting both FNQ up to a BFS status first this year and into production and getting Bolivia well along that path too.

There are definite steps and stages that have to be achieved. It has all been set out in previous announcements. Dates were set down when it was hoped that various steps and stages would be reached by.

Check them out