BKT 0.00% 5.2¢ black rock mining limited

Ann: Investor Presentation, page-5

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  1. 429 Posts.
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    "Under the Agreement, the parties have 150 days to satisfy conditions precedent. Thereafter the parties have a further 45 days to enter into final binding agreements." - from the September announcement.

    "Under the Conditional Framework Agreement, the parties had 150 days to satisfy the conditions precedent, being early February 2023." - from the quarterly report on 23 January 2023

    I wouldn't imagine there'd be an announcement that conditions precedent had been satisfied (not material) so I'd almost be expecting another 45 days to hear if a binding agreement has been reached.

    I note the slight change in tense between announcements - have 150 days to had 150 days. Had to me suggests the CP's weren't achieved but discussion ongoing.
 
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