relist price, page-9

I wouldn't get too carried away re the price.... there is still a long long way to go..... and Shougang have not said that they will proceed with the project as yet, they may walk away from the project if conditions change or the study is not positive... so until then the project is not 100% confirmed.......Once they give the green light to the project then it's all go..... It does allow ARH to relist and work on their other projects............. this is my take on it at least..... and didn't Shougang walk away from another project close by? Good to be the devils advicate.....

"""for a period of up to 15 months, IM shall undertake studies suitable for the financing and development of the Project, including a full turn key construction proposal.
Following an election to proceed with full-scale project development, within a maximum period of 18 months from the signing of the Project Agreement:""""