DRA has the necessary capacity, expertise and track record to deliver the Cinovec DFS in a timely and efficient manner and will be working to build on all of the optimisation work that the Cinovec team completed over the course of 2022 with a view to completion of the DFS in Q4 2023.
Executive Chairman Keith Coughlan said:"We are pleased to have secured a company of DRA's calibre, with a proven track record of delivering critical pieces of work like the Cinovec DFS in a timely and efficient manner. "We will be working closely with DRA over the coming period, and we are excited by the positive outcomes that this DFS will provide. It is not expected that this will delay the critical path of the Project, as during this time the Company will be in the process of finalising permitting, offtake and Project Finance matters.
EMH Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)