I thought that this was plan B ( plan A was Iron Ore Hill ).
If they want to get serious about the two mines IMO Cedric has to base himself in India until they get their crap sorted out.
We have been jipped with statements regarding geologists and the question now is after 1 year why were the consulting geologists sacked. About $1 million has been funnelled into geologists and to date we still have nothing to show for it.
And what about the geologists that performed the due dilligence. Didnt they say that the ore was DSO now it looks like we will be lucky to get 30% FE. Why aren't these people being bought to account?
IMO they knew as far back as April last year that the ore was not DSO and leading up to the closing of the cap raising they continued to affirm that the first shipment would be before the end of the qtr. And I was told verbally by Cedric that the first shipment would be NO LATER that the end of the year back in June 2010.
Joe
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