looks like some fine tuning before they get rolling.
"Venture Minerals (“Venture” or the “Company”), after awarding the preferred tenderer status for mining and processing at the Riley Iron Ore Mine to Shaw Contracting, completed the updated Riley Iron Ore Mining Study with strong returns (refer to ASX announcement 22 August 2019), allowing the board to commit to a decision to recommence the Riley Iron Ore Mine
Since then, the Company has been diligently working on more economical ore transport solutions in order to reduce operating costs, retendering for the road haulage contract, finalising road and port access agreements
and site preparation all of which will precipitate in a final decision to commence mining. Venture continues to target first ore shipment in Q4 2019."
Better to tweak it now, than after you sign contracts.
Ann: Quarterly Activities Report, page-2
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