OW, good pick-up from the timeline Bungaroo appears to be on a "fast track" to commercialisation - remember this was only discovered in 2010 and they have only done two passes of drilling...
Yet the concept study is already underway, PFS is pencilled in to begin early 3Q.
Also note on the timeline that Phils Creek was mentioned in that the DFS was completed early 2010... So we may not have heard the last of Phil, although he has never been mentioned sine the RIO fiasco I wonder how (and why) he snuck onto the 2010 time-line? Just by chance or is Phils Creek once again relevant?
You are also correct about the FMG link for both our hubs, although RIO is still very well situated in relation to IOH... FMG are looking more and more like our potential white knight.
IOH Price at posting:
$1.79 Sentiment: Hold Disclosure: Held
