TMT technology metals australia limited

TMT Chart, page-1914

  1. 655 Posts.
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    My interpretation of your text below is TMT needs to pay APA for the "early works" which is likely to be a route study to support costing for the actual construction, "if" the pipeline does not proceed.

    If the pipeline proceeds, the deposit gets reimbursed and all APA's costs become part of the tariff (ie gas price) that TMT would pay.

    I'm not the sharpest tool in the shed, but this appears to be the correct reading of the annual report extract you posted.

    my 2 cents, ymmv, dyor
 
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