Re-read the Cannon Development Update:
Two points here (1) FMR will honour the 200,000 tonne processing in 2024 and (2) Horizon has been in discussion with other parties re JV/contractor mining and will now consider including the Cannon Underground Mining
What does all this mean?
FMR hasn't set a date in 2024
If a deal gets done elsewhere for Cannon that would mean FMR would process another deposit.
Great if a JV deal gets done with a new party and commences mining earlier. Could this be a possibility?
The CEO AGM presentation doesn't provide any further clarification on this. Not much in the way of time lines either with mining or exploration.
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Ann: CEO Presentation AGM 2023, page-16
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