yeah I just revisted that part of the announcement and the Chinese preferred contractors working closely with Technical Director - Dr Jixing Ji (appointed to the Board late last year I think September ?)
so yes it seems Chinese sourced finance may already be well progressed in terms of preliminary discussions subject to final JORC and final Metallurgical Testing (Q3 2022) informing a favourable DFS.
but wow, look at Technical Director - Dr Jinxing Ji's credentials including multiple patents worldwide
Seems like quite a positive sign to have such a well credentialled Board Member overseeings these things IMO
and furthermore, one of the main Top 20 holders of AAU, has been a long term holder and facilitator of Chinese partnerships since back in the Panterra days too.
so @Megamao yes I think your statement on Funding Approval is on the money (pun intended)
Ann: Results Of Initial Metallurgical Testwork For La Demajagua, page-14
Add AAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.989M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 48798510 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 15589614 | 17 |
View Market Depth
| Last trade - 08.28am 08/07/2024 (20 minute delay) ? |
| AAU (ASX) Chart |
Day chart unavailable