Clearly a positive announcement, no financier would have considered funding AUZ without an agreement. NAIF funding with this agreement is now a serious possibility also and logic would suggest that discussions are well advanced with financiers.
My guess is (despite the SKI "get out" clause) SkI would not have signed it unless they were confident funding was well advanced and they have now commited to Sconi to advance the funding discussions. Why would a company the size of SKI bother going to the trouble of signing an offtake document that they thought would be dead in 2 months. The "get out" is just a safety clause for SKI if things don't go according to plan so they are not locked into a project going nowhere.
Pure speculation but my guess/hope would be that AUZ/SKI kept the September deadline there as they do not see an issue with it. Time will tell.
Ann: Long-form off-take agreement signed for Sconi Project, page-94
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