"The production of the revised MRE and associated mine plan to confirm the first stage mine life
will be necessary before a Term Sheet for financing would be provided."
Looks like the total period of mine construction, forecast to start in July, might be delayed, as financing is not going to be available until drilling is complete and anlaysed and a revised MRE established. Some funding might (or not) be available from JV funds already contributed to MLV by AAU. Anyone see it differently?
"The production of the revised MRE and associated mine plan to...
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