I think they did e.g. "The first production payment is to be...

I think they did e.g.

"The first production payment is to be made within 12 months of agreement execution and is payable quarterly in arrears, within 21 days after quarter end;"

from one of the anns.

But as usual the fine details (which we retail suckers never get to see) will be the key
IMHO if SAU dont have a revenue stream, the cash, or plan to get some in time for Gubong we are stuck with either some fairly heavily discounted CRs or the loss of the tenement (e.g. BVM solely funds). Would probably start with Gubong but progress to others as commitments come up that SAU can't fund.
Loss of the tenements would send SAU to dog status IMHO