Obtaining operational licences for the Cabinda Phosphate Project
The Company will require operational licences, post completion of installations of both the Cácata mine and the Fertilizer Plant, before it can commence delivering ore and producing fertilizer. If licences are not granted then the Company may need to complete further works for a new lodgement, which may delay the project, or may cause the project to be postponed indefinitely.
Coming out with all these risks in detail now - is not imo painting a very favourable outcome
We kept hearing this was a sure thing for production in early 2024 or mid 2024
DYOR
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