I tried to post this on the holdfire thread the other day but suffered a Micrsoft Moment.
Thanks Zurich.
Anybody care to give me a heads-up on delays and over-runs at the Coburn sands project?
No company announcements since the August release of:
************************************
HIGHLIGHTS
• Experienced mineral sands executive Patrick x,
currently General Manger – Operations for the Rio Tinto Fort
Dauphin mineral sand development project in Madagascar,
recruited as a full time consultant to advise on the
development of the Coburn Project, effective mid September
2006.
• Approvals process moving forward with full permitting targeted
for mid November 2006.
• Definitive Feasibility Study (DFS) approximately 80%
complete, the target for completion being the end of
September 2006.
• Well respected contract miner JMS Engineering mandated to
finalise a definitive mining plan by mid September, in time for
inclusion in the DFS.
• Completion of offtake contracts and financing arrangements
being targeted to coincide with the receipt of final approvals so
that construction work can begin immediately afterwards.
***********************************
From that, the Definitive Feasibility Plan and the Definitive Mining Plan should be both be completed. I guess no announcements mean they aren't. Other posts say that the federal approval has been granted.
Thanks in advance for any feedback.
I tried to post this on the holdfire thread the other day but...
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