they have no intertion of moving to mining any time soon - they said as much with th BS statement that they dont know how big it is so wont commit until it is evident - -well if the RIOs and BHPs did the same they would never have mined one tonne of iron ore - they still be drilling!!!!! - what a ridiculous statement and i am afraid it shows some kinda misplaced ego here - you develop the mine once you have sufficient ore - - 2mozs you would think should kick start serious PFS and the BFS and if worried it might be too small LOL - you plan expansion plans into the BFS - golly not that hard is it
dont hold your breathe - remember watch this space
Auteco Presentation Update from Darren Cooke (CEO), page-11
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