re: Ann: Wolf Minerals to commence constructi... Yes, summer...

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  1. 1,559 Posts.
    re: Ann: Wolf Minerals to commence constructi... Yes, summer 2015.

    "The fixed price, fixed term EPC Contract is for the design, construction and commissioning of a 3 million tonnes per annum (“Mtpa”) tungsten and tin mineral processing plant plus associated infrastructure, forming the key component of the Hemerdon project. The Contract term is 24 months from the commencement date."

    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01416283

    "Further to its ASX release of 6 March 2013, GR Engineering Services Limited (ASX:GNG) (GR Engineering) is pleased to announce that notice has now been received from Wolf Minerals Limited (ASX:WLF) (Wolf) for the commencement of the engineering, procurement and construction contract (EPC Contract) for the Hemerdon Tungsten and Tin Project, located near Plymouth, England."

    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01421849

    So the 24 months term of the epcm contract ends June 2015.

    Mining services contract:

    "The contract term for Phase 1 is 11 months, and Phase 2 has
    a five year term from completion of Phase 1. It is currently
    anticipated that Phase 1 will commence in March 2014."

    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01450098
 
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