Just had a look back thru the ASX announcements of MAK update releases on the Wonarah Project................
"Wonarah Work Overview" from September Quarterly Report...
Mining Agreement.. 4th Quarter 2010 (was previously scheduled for 3rd quarter.....Still not released
"Mine Management Plan" From September Quarterly Report...
4th Quarter 2010 (was previously scheduled for 3rd quarter.....Still not released
Traditional Owners to be signed off for Mining Agreement by 4th Quarter 2010...Did not happen
Verte Group...ASX Announcement in July 2010...............
"Minemakers is very pleased with progress to date and looks forward to being able to present more detailed news during the current quarter (4th quarter 2010)...
I kept waiting for this but NOTHING!!!!!
The Indicitive Timetable has been agreed by Minemakers & Verte Group.....
1. Finalisation & approval of MAK Business Plan......
3rd Quarter 2010
If it has happened shareholders have not been advised.
2. Strategic Investors intent to advance EPC Funding confirmed 4th Quarter 2010
Has not happened.
3. Strategic Investors complete Due Dilligence, EPC Review & Technical Exchange.......1st Quarter 2011.
4. Finalisation of EPC & Equity Funding 2nd Quarter 2011.
Considering that NONE of the above have been announced or occurred within the companies stated time frames, shareholders should expect a RUSH OF UPDATES in the 1st Quarter of 2011??????????????
timetable
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