BKT, page-922

This is from the Feb investor presentation:

"Advancing Next Steps-

Black Rock expects to complete a number of important de-risking milestones over the next ~6 months

 Project milestones:
 Grant of SML to unify existing MLs (already agreed with Govt)
 Complete early works and Resettlement Action Plan
 Continue to recruit for key roles, particularly in Tanzania

 Offtake milestones:
 Aiming to add additional offtake partners for Module 1  Complete full form agreements with offtake partners
 Complete full form agreement for prepayments

 Project Debt milestones:
 Indicative term sheets provided by lenders
 Credit approved term sheets provided by lenders  Financial Close by mid CY22
 Targeting construction start in Q3 CY22