Ann: MoU with China's Largest Building Materials Group, page-105

While I do not agree fully with Capraise he did raise some valid points. I remember there was some discussions earlier about not needing mining licence to get finance and / or early works construction but here we are seemingly in a stall until May 2019 and having production goal post shifted to 2020.

I am concerned about the change and wondering if there is a deliberate agenda to keep pushing and delaying construction work. If MCC has indeed has lined up financing on discounted terms, why is management taking so many months to finalise it and wait till May 2019 to commence construction given the viability of the project and with 50% off take in hand?   

So some of Capraise points merit discussions or consideration. Let's not be blind just because it's appears negative. TON management is not exactly angelic given the WGX fiasco and questionable motives in the past. And I am wondering what PC got in store for us this Christmas......