Why would Sinoma being the biggest building company in China come on board to waste their time? After they completed their own full due diligence on Triton?
It's all about the Ancuabe mining concession at this stage..It is & has always been a must tick box for financing to move forward.
The mining concession application for Ancuabe was only submitted 2 months after completed DFS..Hardly mucking around by management.
There is nothing that could have been done to speed this project up..Offtakes were signed for 50% mid year...Nothing with financing has been rushed because without the mining concession there is nil point in doing so...Where can you go further with no mining license.
The Mozambique government works at it's own pace.
Get the mining concession...Advance the financing with MCC & Sinoma...Get the financing...Build the mine starting May all going to plan.
Ann: MoU with China's Largest Building Materials Group, page-99
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
