Here is a part of the email from MJ:I cannotcomment on the prospective timing of the LNS opportunity other than againreconfirming the original timeline of 12 months from signing of the MOU as wasannounced at the time. I would say that if and when they conclude theirtechnical DD it doesn’t necessarily mean we will instantly agree on theconclusions reached (this may prompt further discussions for example), nor thatan arrangement requiring disclosure will be reached on the spot.
It would becompletely normal for the commercial negotiations to take a further period oftime and again there’s no guarantee an agreement will be reached to thesatisfaction of both LNS and Ironbark. Rest assured it’s a priority for me butthese things are highly iterative and we will only be announcing an outcome ifand when all the issues, technical and commercial, have been fully agreedbetween the parties.
Thats so far the informations from IBG.
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- LNS Decision arrives in october 22
LNS Decision arrives in october 22, page-36
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