As our stakeholders will be aware, Ironbark was required to complete a feasibility study before it was able to lodge the application for a Mining Licence. The Mining Licence was recently granted but has taken longer than initially anticipated to finalise and Ironbark is now working on updating the costs relating to the Feasibility Study. A current Feasibility Study is required to conclude financing activities. Ironbark appointed CPC Project Design (CPC), an Australian engineering contracting group to both assist Ironbark working with China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd (“NFC”) on the Citronen project and also to update the Feasibility Study in a traditional Western format. This updated document is expected to be completed in late August, 2017.
The above is from last qtrs - QAR; link below
http://m.asx.com.au/m/announcements.xhtml?issuerCode=IBG
CPC Project Design - http://www.cpcengineering.com.au/profile/background/
China Nonferrous - http://www.nfc.com.cn/templates/en_T_new_list2/index.aspx?nodeid=86
To all the patient holders; Big next 1-3 months...BOOM!
GLA!
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