Ich denke Das Projekt wird langsam WAHRSCHEINLICH, noch nicht "sicher"!, hier EInen Künftigen Produzenten zu sehen, ich würde MINDESTENS DIE WEITERE ENTWICKLUNG MITVERFOLGEN.
Letzter Quartal AKTIVITÄTEN bericht
Thunderbird Mineral Sands Project (Sheffield interest – 50%)
- Binding 50:50 joint venture agreements were executed between Sheffield and Yansteel on 6 January 2021
- joint venture transaction completed on 12 March 2021 following receipt of $130m from Yansteel
- Established joint venture board and governance framework, focussed upon delivery of a Thunderbird Bankable Feasibility Study and project development activities to produce a zircon rich non-magnetic concentrate and LTR ilmenite
- Joint venture key management personnel recruitment underway
- Corporate adviser appointed to assist the joint venture to determine the preferred project financing strategy
Corporate Activities
- Board restructuring with appointment of Mr Bruce Griffin as Executive Chairman, Mr John Richards as Lead Independent Non-Executive Director and Mr Gordon Cowe as independent Non-Executive Director. Mr Will Burbury and Mr David Archer stepped down from the Board during the quarter and Mr Bruce McFadzean will transition to Non-Executive Director effective 1 July 2021.
- $10.8m in cash at quarter end (unaudited) with forecast expenditure of $4.0m in the forthcoming quarter, largely related to non-recurring transaction and reorganisation costs.
http://www.sheffieldresources.…QuarterlyActivitiesReport
