I?m pleased to say that our discussions with strategic partners are also now well advanced and we are currently actively negotiating on several fronts to secure both off-take contracts and project finance with steel mills. We are aiming to have all of these foundation agreements in place before the end of this calendar year to enable us to start construction by the middle of next year.
Every year for the last 3 years it is finance in place by the end of the year (haven't checked 2008 - do I need to?).
Enjoy the ride people because you are being taken for a good one.
SDL Price at posting:
32.5¢ Sentiment: None Disclosure: Not Held