The latest Tanami Quarterly Report makes the following statement about the Coyote Plant :-
"ABM continues to contribute up to $150,000 per month to the Coyote care and maintenance costs which will continue until the lease term commences. The lease term will commence once the conditions precedent have been met or waived. The conditions precedent have not been fully met at the date of this report. The parties are currently negotiating to vary the agreement so that the outstanding conditions precedent become conditions subsequent and the commencement of the lease term is consequently brought forward."
This certainly appears to be promising an early settlement of the final conditions that I think were around plant performance and commencement of the formal lease.
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