RHK 0.00% 75.0¢ red hawk mining limited

Quartely report dated 30-04-2012Future Work ProgramThe focus for...

  1. 27 Posts.
    Quartely report dated 30-04-2012
    Future Work Program
    The focus for FMS during the June 2012 quarter will
    be to continue with critical path activities and conserve
    cash while finalising the MMK transaction.
    Infrastructure negotiations with non-independent
    providers remain on hold due to the restricted activities
    allowable under the Scheme Implementation Agreement
    (“SIA”) resulting in some of the earlier planned
    timeframes being extended. The largest impact to the
    project will be the completion of the DFS originally
    scheduled for the end of Q2 2012. As soon as it is
    possible, either on the completion or the expiry of the
    SIA, we will re-estimate the planned timeframes and
    resume the planned activities.
 
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