Time line has blown out a bit.
The key performance indicators for the award of all of the shares are the achievement of the following by 31 December 2009:
• Exploration and evaluation of the Waterberg tenements to be sufficiently advanced to allow determination of a JORC reserve, which would require as a pre-condition the development of an open cut mine plan suitable for inclusion in a bankable feasibility study; and
• Completion of a preliminary bankable feasibility study, which by its nature provides a definition of material project risks and a sufficient economic result to justify a mine development.
- Forums
- ASX - By Stock
- RES
- news out , 10 for 1 split
news out , 10 for 1 split , page-10
-
- There are more pages in this discussion • 111 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online