Forrestania Resources Advances Lake Johnston Processing Facility Toward Commissioning, Shares Fall 7%
MT Newswires Live
Sep 18
Forrestania Resources (ASX:FRS) said construction, refurbishment and operational readiness activities at its Lake Johnston Processing Facility in Western Australia continue to progress across multiple project workstreams ahead of planned commissioning, according to a Friday Australian bourse filing.
The company said key milestones achieved since its previous update include continued carbon-in-leach (CIL) tank installation activities, dispatch of the first major process pump, gearbox and motor packages delivery to Lake Johnston, and completion of manufacture of process tank agitators prepared for shipment to site targeted for the end of October, the filing added.
The company's shares fell 7% in recent Friday trade.
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