join the dots1 Jan 2019 17:30
tion and product transport.
Strategic Partner(s)
Potential Strategic Partners can be defined as established mining corporates, smelting corporates, commodity traders, Private Equity funds, Sovereign Wealth Funds and Institutional investors. Engagement with organisations within this list has been ongoing through 2018 and will continue going forward. It is the objective of this Plan, with assistance from Amur's financial advisors, to increase the number of organisations that the Company is in discussions with regarding the future development of Kun-Manie.
The Company has identified, and will continue to identify, potential partners in Russia, China, Japan and South Korea and it is anticipated that visits to the Kun-Manie site will also be undertaken by interested parties.
Phased Funding
The Company is in the process of completing detailed plans for, and costing of, the engineering work to complete a full BFS. There is a strong possibility that this engineering work will be undertaken in conjunction with a Strategic Partner, therefore the funding for this work may be a product of a Strategic Partner agreement which may be at either the Company or asset level.
The near-term funding objectives for the Company will be to maintain the Company in a strong financial position whilst it continues to advance the project up the mining value curve and identify and engage with the necessary expertise to assist Amur in developing Kun-Manie to its full potential.
Project construction funding is a long-term task that requires early engagement with a number of different companies and institutions. In the future, the Company will continue to advance these discussions that have been ongoing in recent years and increasing of late.