Despite views from a mining industry consultant that the updated Frieda River feasibility study could be presented to lenders to secure possible financing, ASX-listed Highlands Pacific has said that it remained of the view that the study still did not meet the standards required by the joint venture (JV) agreement, and was therefore incomplete in a number of key areas.
Mining consultant Behre Dolbear Australia (DBA) had conducted a peer review on the initial feasibility study provided by JV partner PanAust, and had identified a number of shortcomings and omissions.
