At the Gladstone Engineering Alliance today Boulder Steel Mill Project Manager , Ross Johnson said: The EIS (due recently) has been held up for 6mths due to changes on Haul Routes allocation . Accordingly everything has gone back 6mths, New Guidelines are EIS -March 2012 FID - 3Q 2012 Start Construction -4Q 2012. Profitabilty improving every day with Refinement of Production Costs to Top 10 in the world . No date advised on Bankable Feasibility Study by Chinese.
BGD Price at posting:
5.1¢ Sentiment: Sell Disclosure: Held