Both parties have agreed to extend the deadline to October 31 to...

Both parties have agreed to extend the deadline to October 31 to to discuss SKI financially supporting the Sconi Project. In the previous agreement if SKI did not agree to a financial stake in Australian Mines then they would buy the metals at market prices in the future.

In my opinion, the extension is good news. It shows that SKI really want those metals in Sconi and that they are looking at helping get that metal out of the ground. They know that if they don't help with Sconi then someone else will. They know that the US government and Australian are in talks to develope a metals supply chain for the US. So, they want to secure battery metals for their operations before another company or country locks it up.
Keep buying this stock because it will go up big in the near future