what happens if?

SBL on 29 Dec 2009 made an ann about the acquisition of the Kononogo Gold Project. (A copy of the relevant bit is below).

My questions while somewhat belated are still pertinent:
(a) What happens if SBL never get to a million ounces in Measured & Indicated JORC resources and / or 100,000 ounces of gold from the project?
(b) What is the timeframe, if any, to achieve the above? (c) If there is a date to achieve the above what happens if SBL don't get there in time?

The ann is as follows:

Signature Metals Limited is very pleased to announce that it has exercised its option to acquire 70% of the Konongo Gold Project from Mwana Africa PLC.
This is a ?company-making? transaction for Signature Metals which gives the Company a majority holding in a million ounce resource in the world class Ashanti Gold Belt of Ghana. The property has outstanding exploration potential as well as the opportunity to rapidly move into production through a CIL plant and associated infrastructure on site.
The decision to acquire the project follows receipt of final approvals from the Minister of Lands, Forestry and Mines in Ghana as well as from the Ghanaian Minerals Commission. Encouraging initial results from the Company?s mining study into the Konongo Gold Project, coupled with outstanding drill results, have led all parties to the agreement to agree that the best way to develop the project is under the ownership of Signature Metals.
The Company will issue 50 million shares to Alpina Group Limited (a wholly owned subsidiary of Mwana Africa PLC) to settle the transaction. Approval for the issue was granted by shareholders at last month?s AGM.
Under the terms of the agreement a further payment of 50 million shares or A$1 million cash will be made once the project achieves 1 million ounces in Measured and Indicated JORC resources. A final payment of A$3 million in cash or shares will be made following the production of 100,000 ounces of gold from the project.