Q1 financial statementshttps://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00027886
you can look up Q1 finacials as well as the MD&A document on sedar
I couldnt find anything new compared to the one from April
they still have over $17m in the bank, they really econmize on everything
just this paragraph seems new
Exploration and Development Activities in Q 1 2012
Feasibility study. 1 mln. tpy mine design, Old Mill refurbishment and Tailing Pound #2 reconstruction
projects documentation scheduled for completion by the end of December 2011 as per Licensing
Agreement. The company has retained a team of highly qualified and experienced consultants with
extensive experience in rare earths to undertake the project, mine design and planning, process
engineering, environmental study, mineral resource estimate and construction survey to complete this
tasks and carry out Bankable Feasibility Study for the 1mln. tpy mining and processing complex.