They confirmed DFS completion by September 2022 and that they would be looking into off-take agreements as well as other financing options as we head towards that date.
They said we can expect further updates on technical progress in the DFS, as well as the additional 24% ownership transfer.
I asked about the potential selling of the quartz bore project which they announced back in January and they could only say it was still being considered as a potential sale.
They also hope to announce further progress on the acquired ESG technology, which even though it is too new/untested to be included in the DFS, they hope to start scaling it up so it can be tested/used on a commercial scale.
They didn't see latest covid outbreak as a big risk for shutting down operations though they later attributed covid to delays in the gov't processing of the ownership transfer.
There was nothing really new or market sensitive in the webinar but good to confirm the timeline moving forward.
Ann: Investor webinar, page-7
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