Hubei merchants then hire a professional exploration team of investors, on the village a township Simeng mine was 2 months of exploration, discovery of high grade phosphate rock, large storage, easy to exploit a huge market value, decided to invest 1,200 million yuan in building a set of mining, flotation as one of modern rock. And in 8 of the mine started in early roads, power grid construction, while land and resources according to the procedure to declare the mining permit.
The roads part of the this is also interesting... from the Sterling homepage:
"The road from County to the property is well paved now."
Sounds to me that Sterling's got the mining permit through Hongyu Mining and the roads are in place. We may be VERY close to getting some action here. Feasibility study has been initiated/completed. Just need some info on the PP and further intentions and I'll be sold 100%