Ann: Arbitration update and HY report clarification, page-43

We would need a fairly lengthy time to progress negotiations over financing, with technical contracting elements with international development banks no speedy process. Add to that our tendering for the project, that contractual process and mobilisation of an EPC contractor, and I think anyone who's progressed a major construction project could state with confidence that we would need a longer lead time than that to have cracked into the mine development by the elections. Regardless of how much preparatory work has been done during our current lull in non-drilling activity.

IMO