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ISAG – Construction, Manufacture and Shipping Update

  • Published July 16, 2013 1:53PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Indoor Skydive Australia Group (ASX:IDZ) are pleased to advise that construction is proceeding according to plan on the first commercial indoor skydiving facility at Penrith, with the excavation complete after no adverse underground findings.

The next steps in construction include the delivery and introduction of 50 tonnes of steel reinforcement into the basement of the plenum. The steel, which is currently being laid, will be closely followed by the pouring of approximately 400 cubic metres of concrete, which will make up the plenum basement and walls.

The SkyVenture components of the vertical wind tunnel (VWT) to be shipped from US are near completion and the first of the seventeen containers will be departing for Australia by the end of July.

To read the full ASX Release please click on the document below.

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