The next step subject to approval of the BFS/DFS (which produces...

The next step subject to approval of the BFS/DFS (which produces the single go forward case - the business case allowing a financing decision) is the Detailed Design. There are a variety of ways of doing the detailed design; design first then go the procurement and construction; going to design, procure and construct or combinations of these options. The detailed design gets down the BFS/DFS +/- 15% down to +/-5% and produces tthe detailed drawings to allow fabrication and construction to commence.

AUZ will make the design and construct decision after completionof the BFS and this decision will include an influence from SK. All IMHO. In executing the project there are 3 key interralated drivers; Cost, Time and Scope. In this decision it could be that SK's timetable may mean thatr Time is the most critical element and so Scope and Cost may need to adjust to get the timing. This is just speculation and we will have to wait until September +/- to see the direction of AUZ.