Lastnight:
(anyone know whats key about 24th Feb see below)
Further to the ASX announcement made on 25 January, 2012 Bass Metals Ltd (ASX: BSM) wishes to advise that it is currently in discussions with its bankers, RMB Australia Holdings Limited, and other key contractors and suppliers regarding the ongoing operation of the Fossey Mine. The Company has scaled down exploration and some mining activities to reduce expenditures whilst this process is underway.
It is not anticipated that the outcome of these discussions will be known before 24 February, 2012. The Company will, however, provide the market with regular updates and, assuming the conclusion of the discussions with key stakeholders by 24 February, 2012 will seek re-quotation
bsm update is out ...., page-13
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