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Ann: Al Hadeetha Resources Executes EUR 60m Investment Agreement, page-104

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mowibble

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27/03/19

08:54

Post #: 37895211
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Originally posted by CaptainCurtis: ↑

Does anyone have an understanding of updated timelines now that finance is secured?

Announcement on March 5 2018 regarding the Appointment of the EP Contractor mentioned the following:

The scope of work for MBE is progressing with front-end project engineering, geotechnical drilling and preparation of detailed designs for plant and other site infrastructure. Finalised plant layout, process flow diagram, single-line diagram and the piping and instrumentation diagram (P&ID) are due for completion in Q2 of calendar 2019, with detailed engineering due in early Q3.

Seems like that is just to be able to get to a point where actual construction can commence. Any ideas how long construction should take approximately? Doesn't feel like production any time this year.

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Change the start date from Q1 "2107" to Q1 2019

AUQ Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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Ann: Al Hadeetha Resources Executes EUR 60m Investment Agreement, page-104

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Ann: Al Hadeetha Resources Executes EUR 60m Investment Agreement, page-104

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