European Metals Holdings Keith Coughlan said the money from CEZ...

European Metals Holdings Keith Coughlan said the money from CEZ for the sale of the stake will be used by the Australian company to further finance the preparation of mining in Cínovec. The construction of the processing plant together with the start of mining should cost about 10 billion CZK.

I guess you can read that as $54 million AUD goes to EMH, without reading finer details of contract of sale.

Doesn't make sense as one poster suggested that proceed of sale of the 51% stake in Geomet goes back to Geomet as EMH owns 100% of Geomet currently.

$637,123,211 AUD to get this rolling, drop in the ocean for CEZ. Here's to rapid progression to mining licence and off takes agreements.

Front end engineering is dependant of size of processing plant, the 3 shifts as mentioned by @Fingers would be in relation to second portal commitment to increase the workforce.

AIMO