A real company in the making, folks!!
Deep drilling at Karara has confirmed the continuity of the deposit to more than 600m from
surface, illustrating for the first time the significant potential to increase resources.
During the quarter KML submitted an Application with the China Development Bank (CDB) seeking senior debt
finance of A$1.4 billion for the Karara Project. Ansteel has a strong relationship with CDB and good progress has
been made. Substantial progress is ongoing and KML expects to have committed finance in place by September
2008
quarterly
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