Jan 10th 2013 - Edison Investment Research today published a report on Gunson Resources entitled "Coburn Project Update". In summary, the report says:
On 21 December 2012, Gunson reported a further update on the construction-ready Coburn zircon project in Western Australia. Following meetings with POSCO and a Korean resource investment fund, execution of the Joint Venture Agreement (JVA) was again delayed, but has now been confirmed subject to a commercial condition relating to the project’s operational budget being satisfied by 28 February 2013.
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