Ok brucey.
Let's go through this word for word, and test your theory that you believe as you say:
"It appears that the news we have all been waiting for might not come until the final months of this year or even in the first half of 2019."
From page 8:
MARKETING AND PROJECT FINANCE UPDATE
Off-take
The Company is progressing its offtake strategy on behalf of CMSC and is working with several offtakers who continue to express a strong interest in securing a future supply of granular and standard SOP product. Negotiations in the December 2017 Quarter were focused primarily on finalising remaining commercial terms contained in the bankable offtake agreements. Norton Rose Fulbright, who has significant experience in developing potash offtake agreements, continue to support negotiations and associated legal drafting.
Negotiations are advancing with several parties close to final binding offtake agreements.
Project Financing
Danakali and CMSC continues to work with its debt advisor, Endeavour Financial, on the funding solution for the project development.
So how do you conclude that offtakes and project financing will take until the "final months of this year or even in the first half of 2019."?
Just curious to find out how you can logically conclude this please.
Regards,
Wild Cat
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