about to develop mine, page-25

Folks,

I saw the headline and had a quick look through the investors presentation.

A few questions that I couldn't find answers to.

Mining in 2009?
Has an environmental assessment been carried out / approved?
Where will the ore be processed? If on site then how big will the plant be? How much will it cost and where will the money come from? Where is the tailings dam going to go?

Given the company has almost zero capital I'll assume contract mining - have they started to talk to contractos - particularly about lead times on mining equipment.

When will the capital raising be? Are they going to do a full bankable feasability?

Unless there's some solid answers to these questions I find 2009 err.... optimistic.

Not saying its a bad investment at the moment it seems a reasonable punt but lets not get ahead of ourselves.

Stu