re: Ann: Meteoric Resources NL Option Agreeme... Hi scratch, the last quarterly stated BRD were to commission experienced magnetite specialists for a scoping study...after careful consideration of the two seperate prospects.
You can only hope that scoping out Four Corners is taking longer than expected because it is looking good.
The rail and port infrastructure of the region is nearing completion (Oakajee Port and Rail)and assuming BRD don't burn through their cash above the 2nq QTR estimate they should still have around $930K in the bank to complete the JV (fingers crossed) and get things moving in 2011.
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