AXO aurox resources limited

Well on the surface the Nov and Dec feasibility studies look to...

  1. 333 Posts.
    Well on the surface the Nov and Dec feasibility studies look to be identical but when you put them side by side there is a few changes.

    On page 5:
    The Nov edition: Construction(subject to securing finance)
    currently targeted to commence MAR 2010.
    The Dec edition: Financing MAR 2010. Construction MAR 2010.

    On page 11:
    Some of the cost comparisons between Karara and Balla Balla have changed.

    On page 18:
    The Nov edition: In discussions with other parties.
    The Dec edition: Current discussions with other parties,
    V and Ti ambitions will drive future sales.

    On page 19:
    Some new additions:New Chinese construction policy encouraging use of high-vanadium steel.
    Steel mills with the technologtgy to convert high vanadium iron ores will capture sigificant value in the manufacture of high-strength steel products.

    On page 20 The development timeline:
    The Nov edition: Construction Phase 1 was due to finish the 3Q 2010.
    The Dec edition: Construction Phase 1 was due to finish the 2Q 2010.(mabey Asian mill componants can be built faster?)

    Interesting changes but we still don't have the $$$$$$.
    Good night all.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.