Australasian signs up advisory bank

IRON ore play Australasian Resources says it has taken a major step towards financing the development of its flagship Balmoral South iron ore project in Western Australia’s Pilbara by appointing an advisory bank to review the bankable feasibility study for the project.

Australasian signs up advisory bank Australasian signs up advisory bank Australasian signs up advisory bank Australasian signs up advisory bank Australasian signs up advisory bank

Investors welcomed today’s news with Australasian’s share price jumping as much as A14c (11%) to an intraday high of $1.

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