Update Looks like the Chinese are in town. I guess they are still interested in the project to fly all the way here to meet with AXI. FS to be delivered week of August 8. As I stated earlier, the release of the FS is not in the control of AXI. But to your point Behr, I think the verbiage below is a lot more concrete and definitive. For them to give the exact week seems a little more reliable (I hope). All I can say is I was really waiting for this study today or tomorrow. I will e-mail the company to be more clear on the week of August 8 since August 8 falls on a Wednesday. They must have meant week of August 6. Slopyy, sloppy, sloppy.
Advanced Explorations Inc. Provides Update on the Roche Bay Iron Project Feasibility Study
TORONTO, ONTARIO--(Marketwire - July 31, 2012) - Advanced Explorations Inc. (TSX VENTURE:AXI)(FRANKFURT:AE6) (the "Company" or "AEI") wishes to announce that a delegation from XDIP will be meeting with AEI management this week to discuss the Roche Bay project Feasibility Study. Various development scenarios including a potential project start-up utilizing environmentally friendlier and lower cost LNG Power (liquefied natural gas) are also part of the discussion.
In addition, the Company wishes to announce that TetraTech Wardrop Inc. ("Tetra Tech"), the feasibility study's lead author, has confirmed that results of the study will be available for release during the week of August 8th, 2012.
John Gingerich, president & CEO, commented:
"We are pleased with the progress made by TetraTech, and considerable effort was made on their part to meet the release schedule. While the study is very close to completion, this minor delay is needed to complete the final review of their findings."