Milestone: Toll Treating Agreement Comments: Conversion of the binding term sheet with Doral to a full form agreement for toll treating of Keysbrook HMC at Doral’s Picton MSP Anticipated Timing: Q1 2013 CHECK!
Milestone: Port Access
Comments: Secure a commitment from the Bunbury Port Authority confirming export capacity at the port (and storage facilities) Anticipated Timing: Q1 2013 CHECK!
Milestone: Landowner Agreements Comments: Three landowners agreements remain outstanding in order for MZI to commence production. These agreements are well advanced Anticipated Timing: Q1 2013 CHECK!
Milestone: Construction Contract Comments: MZI will be agreeing the terms and conditions and execution process for the construction contract with MSP Engineering Anticipated Timing: Q1 2013
Milestone: Offtake Agreements Comments: Offtake agreements to be finalised in respect of the L88, L70 and Zircon concentrate produced from Keysbrook. Negotiations are well advanced with several leading mineral sands counterparties Anticipated Timing: Q1 2013
Milestone: Debt Finance Comments: MZI anticipates receiving credit approved offers for up to A$75m in debt facilities from the two mandated lenders Anticipated Timing: Q1 2013
Milestone: Commence Construction Comments: Construction of the WCP at Keysbrook and capital works at Doral’s MSP to commence Anticipated Timing: Q1 2013
Milestone: Commissioning Comments: Commissioning of the WCP at Keysbrook Anticipated Timing: Q1 2013
MZI Price at posting:
2.1¢ Sentiment: LT Buy Disclosure: Held