Flinders Mines MD outlines path forward

01/08/2014 11:10:00

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Flinders Mines Limited (ASX:FMS) Managing Director Ian Gordon outlines the iron ore miner’s strategy for taking the company forward with its Pilbara Iron Ore Project.  
 
The company is focussed on the Pilbara Iron Ore Project in Western Australia where it is currently undertaking a Definitive Feasibility Study. 
 
Mr Gordon details the size of the resource, stage of project development, timeline to production and what needs to occur before then. 
 
Flinders Mines inked an alliance agreement with Rutila Resources (ASX:RTA) earlier this year and Mr Gordon discusses how is the alliance is facilitating the development. 
 
Mr Gordon also provides an outlook for the price of iron ore and outlines the company’s funding model as it progresses to a final investment decision.