SK isn't going to take up options, IMV, unless approved finance is provided.
IMV AUZ had to extend the drilling to improve the deposit to later this (2019) year improve the finally provided draft BFS to a better one maybe after the drill results are in.
The WWW knows there are further drill results to come - the banks don't have to rush provision of finance - they aren't in the habit of losing money - they won't finance a draft BFS, they will wait for the final one and if SK don't take up options then will they finance?
the waiting loop - AUZ - SKI - Banks - more drill results/options/finance - who moves first - who blinks first?
Hanging over the top of this situation - Bergen
SK Innovation, page-7
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