Has been some good activity here, thinly traded but nice bounce from bottom. Had $2.6m placement (@13c) in November 2013. Test work completed confirms all 3 products (Primary Ilmenite, secondary ilmenite and rutile/zircon concerntrate)could be produced at target grades and supports current proces design.
Ongoing work towards DFS.
They expect by this qtr, the environmental and scoial impact assessment to be submitted, which is based on consultation with public and Office National pour L'Environment (ONE), in a format some key dates approaching is supporting initial short term view.
discussion with possible JV's continue....hence where I think MDL play a role
Lets hope Big Nic can weave his magic.
BLIMPSO
Has been some good activity here, thinly traded but nice bounce...
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