Hi Billyen, its definetely flying under the radar "The drilling...

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    Hi Billyen, its definetely flying under the radar

    "The drilling is part of a larger program to upgrade resources and reserves to support possible recommencement of mining in 2017"

    Also seem to have a fair whack of a processing plant lined up, think they may be aquiring 50% of it currently

    "The existing process plant is not suitable for recovering the bulk of the spodumene in the ore that is processed, engineering studies are about to commence, to assess installing a front end spodumene recovery circuit to the existing facility and to increase significantly overall production rates. The agreed approached is to minimize the construction timeline and capital cost and envisions the use of contract crushing as originally undertaken by Haddington. Initial indications are that this additional circuit could be operating within 10-14 months and have a modest capital requirement subject to final configuration. "

    Anyway, as I say, under the radar at the moment.
 
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