Kat,
If the previous durations are valid, the translation is likely to be close to below (plagiarised from Oz's post with apologies to new Project Director for assumptions)
February/March 11
- Finalise the mining agreement with the Martu (complete)
- Appointment of key personnel
- Initiate environmental studies and complete approvals
March/April 11
- Commence project design and engineering
- Road, airstrip and accommodation construction
April/May 11
- Construction of pilot ponds and brine trench
July 11
- Harvest and process pilot pond salts
- Commence stockpiling
August/September 11
- Finalise pond design and layout
September/October 11
- Complete bankable feasibility study
There will clearly be some fine tuning that the PD will do on the above but further questions that come to mind are:
1. How the pilot relates to the ongoing construction – objectives, known/unknown information, scale etc.
2. Estimated time to initial production and how production development maps on to the transport/sales development.
3. Timing and structure of any additional capital request with preference that current shareholders participate.
I’m sure that there will be some answers after the heritage survey is complete and the PD has had more than a few weeks in the job – good luck to all.
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