This is from their annual report in Oct 09:
At Admiral Bay, RSV Australia Ltd who is a world leader in
mine infrastructure, shaft design and project management,
is managing a pre-feasibility study which is expected to be
completed by December 2009. Kagara will then look to
progress the development of the very large lead zinc silver
deposit by seeking out suitable joint venture participants.
It is getting close to end of December now so must be due very soon. If the mine is big enough, it is a game changer and may well send this into orbit. We all wait with patience.
Admiral bay is supposedly the worlds largest zinc silver mine.
admiral bay
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