Quotes taken from the Heads of Agreement announcement released to market on 28 June 2022:
"The Summit Consortium (“Consortium”) have reaffirmed their commitment to provide Kore with a financing proposal for the full construction cost of Kola, and that the financing proposal will be provided after Kore has received the EPC proposal and has agreed with SEPCO on the key EPC terms."
"The Heads of Agreement with SEPCO reconfirms their commitment to advance from the completed Kola optimisation phase, to construction contract formation and then into construction of Kola. We look forward now to receiving the EPC contract proposal.”
Click following link for full announcement: KORE SIGNS HEADS OF AGREEMENT FOR CONSTRUCTION OF KOLA
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