"To earn a 50% interest in Sconi, Australian Mines must complete a Definitive Feasibility Study, or have expended $10 million on the DFS, within four years of the agreement." - Dec quarterly report
The wording in the report suggests to me that the DFS would cost a minimum of $10m. Is that a fair assumption to make?
"To earn a 50% interest in Sconi, Australian Mines must complete...
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