Hi Matt,The following may help with expectations:1. Financial...

Hi Matt,

The following may help with expectations:

1. Financial approval by the third lender (therefore all three complete)- This is the big one!! Hopefully this week, but that will depend on IDC's board and timeline to finalise this document. Note; it should be a review, and sign off.
2. Finalisation of terms and conditions, if not already done. We are hopeful of a company dividend policy prior the EGM.
3. Financial planner review and provided to us for the project modelling. Also, loan contracts will be drawn and reviewed during this period.
4. EGM for shareholders to vote on funding, remember this excludes the related parties, in which we believe will be the top three shareholders. We estimate this date would be around the third week in August.
5. If shareholders agree to the funding, then we have reached financial close. That's when we have the money in hand and Sedgman's contract becomes active to build the mine.