Finally got some time to go through preso, however, these dates seem not work out properly.... Does building time of processing plant include lead time for ordering autoclave? Can they start mining before construction complete?
Sconi - Estimated build time of 2 years for processing plant (P11)
Construction scheduled to commence from February 2019 (P11)
SK offtake binding agreement - Ann released on 19th Feb 2018.
The Company obtaining financing for the development and construction of the Sconi project before 31 December 2018 (or such later date as SK innovation and Australian Mines may agree), and that mining commences before 31 December 2020 (or such later date as both the Buyer and Seller may agree). The timing of both these Conditions Precedent are comfortably within the timelines being pursued by Australian Mines prior to the Agreement being signed.
PS - i am not a down ramper, i love AUZ
Ann: Investor Presentation - April 2018, page-173
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