AIM ai-media technologies limited

now this is really great news

  1. 1,061 Posts.
    Yes I know the funding and offtakes are still in the wind but with these sort sof steps - surely its all good.

    Stop fretting.

    CONSTRUCTION UPDATE
    The directors are pleased to report that procurement of long lead time
    capital items and contracts are well advanced and key relationships have
    been established with world class suppliers of mining related equipment
    and services. In particular:
    1. the mining camp and infrastructure are in transit and are being
    constructed from modular pre-cast panels which are on target to
    be completed during the next quarter. Sufficient accommodation
    has also been contracted from surrounding towns to house
    contractors whilst the camp is being constructed.
    2. the Perkoa mill has been sourced from Outokumpo and
    delivery is expected late in 2007 well ahead of schedule thus
    reducing lead times and avoiding any steel price
    increases.Otokumpo has also been awarded the contract for the
    floatation cells and thickeners for the Perkoa plant.
    3. the crushers have been ordered from Sandvik who have a very
    strong presence in West Africa
    4. Caterpillar subsidiary, AG Delmas, and African Power
    Systems have been given the order for the Perkoa power station
    and are currently mobilizing construction power and a full 6MW
    power station for the camp, mine and process plant.
    5. Shell Oil has been contracted to build, operate and manage the
    fuel facility on site and provide fuel for the underground mining
    operations, process plant and power station.
    Should shareholders require any further information they should
    contact Marc Flory (Managing Director) on + 61 2 9222 9444.
    17 April 2007
    “African
    Focused
    Resource
    Company”
    AIM RESOURCES LIMITED
    ABN 63 009 193 980
    Level 5 Angel Place
    123 Pitt Street
    Sydney NSW 2000
    t 61 2 9222 9444
    f 61 2 9222 9477
    Website
    www.aimresources.com.au
    Email
    [email protected]
    AIM Resources is listed on
    the ASX (code: “AIM”) and
    on London’s Alternative
    Investment Market (code:
    “AIMR”)
 
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