We should also be hearing about the drilling from Apollo soon as they said they expected mid November to be the time when they found how much ore was at the site in Australia.
minimum 2 years out before anything get be mined...just a poor investment and already down by 1 million! Get the scrap yard producing and eventually everything will be fine...providing they hit numbers and make profit, and are believed..
It's a good investment long term, it's just that they can't get their short term problems fixed and having spent money on future mining isn't looking so smart.
From Apollo mining website: (update in late Oct 2011)http://clients.weblink.com.au/clients/apollominerals/article.asp?asx=AON&view=2610644"A drilling contractor has been engaged to commence work in early November. The work is scheduled for completion in the first half of November."ALSO: "A detailed report on the Stage 2 work is anticipated in early 2011."