NVI 0.00% 1.1¢ nevada iron ltd

"It is anticipated that the final project scope, costing and...

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  1. 6,742 Posts.
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    "It is anticipated that the final project scope, costing and schedule will be determined by the end of December 2012. Following this, the Company intends to fast track the finalisation of all project approvals and permits.
    As a consequence of enlarging the scope of the project, discussions with debt providers have been put on hold until the new financial model is finalised."

    Oh no !!! .this piece of news update from the qtrly is too frustrating for words !!

    long term shareholders like me have been waiting for atleast 2 years now for the previously announcment mining commencement deadlines to be reached .... now we have to put up with more delays ....unbelievable.

    So Fancyboy, your man Mick may have a past record of achievement and a reputation for funding marvels, but even he cant overcome this part of the qtrly:
    "As a consequence of enlarging the scope of the project, discussions with debt providers have been put on hold"

    your comments mate on this ?
 
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