In around 51/2 months PLV will be on the cusp of becoming a producer.The latest ann states
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Pluton and the JTC have agreed to use all reasonable endeavours to finalise an agreement within 30 days of the completion of the Irvine Island Pre-feasibility Study to a standard determined by the JTC, and the commencement of a detailed feasibility study.
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The potential partner we have selected meets all of our requirements. It is now up to us to demonstrate to the JTC that we can produce the concentrate they require. To that end we will soon be conducting tests on 1.5 tonnes of material. We have their required specifications and are confident that we can produce this product
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So in 51/2 we will be the envy of a lot junior iron ore explores on the ASX.Until then we can expect a continues flow of drill results from Irvine Island.5 1/2 months not a long time when you think about it.
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