smy brief on copernicus

Just in case some may have missed it.
Sally Malay's (SMY) Open Briefing:
Sally Malay. Production & Exploration Update

Peter Harold mentioned Copernicus :

In the Kimberley near the Sally Malay Project we have the Copernicus Project
which we hope to press the button on shortly. Copernicus is a joint venture
between Sally Malay, 60% and operator, and Thundelarra Exploration with 40%.
We’re in the final stages of negotiations with the traditional owners and once
those are finalised, which we hope will be in the next month, we will lodge the
application for the mining lease together with the mine plan and project
management plan to get State Government approval to proceed. If that happens as
per our schedule, we should commence the road and pre-strip early in the second
quarter of 2008 and should be putting ore through the Sally Malay mill by mid 2008

So lets hope it all comes together and THX can start to mine their part of the JV.
That should get the sp moving forwards.
Still interested in the Depths owned by THX.
Good things to come next year.
Swagman