NVI 0.00% 1.1¢ nevada iron ltd

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  1. 14 Posts.
    I think you are still looking at the old management plans...this has all changed with the new management team

    Under new management my understanding is the program will be:
    * further exploration of known targets to increase resource and reserve - this is well underway
    * Recruit US based development team - COO appointed
    * update the feasibility for a new mine plan
    * complete permitting
    * finalise port and rail arrangements
    * Canadian list - Q1 2013 (i.e. Sep 2013)
    * project financing - Q3 2013 ( early calendar 2014)- this will be circa $250m-$300m - much bigger project
    * commence early stage construction Phaze 1 of project - Q3 2013 ( early calendar 2014)
    * progress second phase studies Q$ 2012
 
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