Ann: Annual Report to shareholders , page-3

Reading through the annual report, it looks like they plan to commence the moly mine in Jan 2011.

They make mention that the finance should be available for draw-down in Jan. Fingers crossed that everything goes to plan, see no reason for it not to pan out.

Also notice that they have areas marked out where they have more fe prospects. Could see a update with regard to this in the not to distant future.

Mean while its full steam ahead with first shipment of I/O still on track for Dec.