Well everything seems to be moving along: The Queensland Government’s Prescribed Project status for Sconi3 is still in force and project-related assistance
is continuing,
o The Queensland Government’s conditional financial package for Sconi through the Jobs and Regional Growth
Fund (subject to certain conditions)4 is still active,
o Due diligence discussions with the Northern Australia Infrastructure Facility (NAIF) for potential Sconi project
financing5 are also active and continuing. Australian Mines remains committed to providing the required
project information to complete NAIF’s due diligence,
We just need to see some financing before the end of June. Can it happen? I hope so.
Ann: Half Year Accounts, page-3
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