If NAIF's credit is higher, SK's prepayment could also be used to advance Flemington and the remaining Sconi drillings. With clever negotiations no more capital increase would be necessary except for the gifts for SK.
I am open for your opinion and criticism.
03.01.2019:
„Given the long-term partnership between the parties under the off-take agreement, SK Innovation could also acquire an equity stake in Australian Mines after this date, on terms acceptable to Australian Mines and subject to any necessary approvals under the ASX Listing Rules.“
#Allgoodthings.. #Keepthefaith..
Perhaps not without reason these comments?
Ann: Sconi Off-take Update, page-333
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