This is from the announcement made on Sept 11th. Looks like they estimate completion of BHP's review by the end of November. So far this is what is agreed- ANNOUNCEMENT TEXT FOLLOWS ... The agreed work program will take approximately three months and should be completed in November this year. The program will enable Austpac to complete essential testing of the metallisation and leaching steps to confirm the final design and layout of the equipment in the Demonstration Plant. It will also prove those two key steps prior to the development of the Demonstration Plant. On completion of the Research Agreement, BHP Billiton will have a right to acquire an exclusive licence for the ERMS SR technology for TiO2 applications in Africa, and to continue funding the development of the technology, including the Demonstration Plant, through equity participation or otherwise, on terms to be agreed.
END OF ANNOUNCEMENT TEXT ..............
APG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held