The dates are noted on anno 24 May:
Quote: ""C @ Limited (CEO) is pleased to announce it has made significant progress on its due
diligence for the Mongolian coal licenses it currently has under an option agreement.
The option agreement, announced 20 April 2011, has a 10 week due diligence period which
officially commenced on 6 May 2011. Since signing the agreement the Company and its
local partner Trinity Mongolia Pty Ltd have reviewed the data room information on the 8
licenses which has provided a sound basis for the design of the exploration program. The
mining authority and local government applications for the exploration work are now
approved.
The exploration program has kicked off and will include up to 5,900 metres of diamond core
drilling and up to 1,200 metres of trenching on both the South Gobi and Ovorhangay
province licences. An international drilling company has been appointed as drilling
contractor after being highly recommended for their exceptional track record and service
offerings in Mongolia by a number of coal developers operating locally.""
I make the 10 weeks, 15th July .... anticipating a great w/end then .. maybe a nice red?
Incidently, noticing a up-grade in our coal stocks ~ wonder if the coal conference is sparking interest?
Cheers :)
- Forums
- ASX - By Stock
- CEO
- 10 weeks
10 weeks, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)