May 2012 - Corporate Presentation - Mindoro Resources Ltd.
May 2012 - Corporate Presentation - Mindoro Resources Ltd.
May 2012 - Corporate Presentation - Mindoro Resources Ltd.
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PARTNER FUNDED NICKEL TIMETABLE<br />
Timetable Date<br />
Strategic funding partnership to be established for stage 1 and 2 of Agata June <strong>2012</strong><br />
Final permitting and feasibility Stage 1 DSO; Update processing economics Q3/4 <strong>2012</strong><br />
Stage 1 DSO production, cash flow anticipated, subject to financing above Q1 2013<br />
Stage 2 Processing pilot testing of new atmospheric leach flow sheet Q1 2013<br />
Stage 2 Processing DFS Q3/4 2013<br />
Subject to DFS: Financing and construction of nickel processing plant. 2014<br />
26<br />
The company’s production objectives are intended to provide an indication of management’s current expectations<br />
and are still conceptual in nature. It is uncertain that it will be established that these resources will be converted<br />
into economically viable mining reserves. Until a feasibility study has been completed, there is no certainty that<br />
these objectives will be met.
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