The long stop29 Jun 2023 16:20
From my understanding:
- All tasks which are within Kodal/Hainan's gift to influence have been progressed, and the delays attributed to external factors (bureaucracy).
- Kodal is happy with Hainan and vice-versa, and they are progressing with the next project phases together in parallel to this sign-off process from a time efficiency perspective.
- Kodal doesn't need to raise funds
- Previous extensions of the long stop have been due to the aforementioned external factors, rather than fundamental issues with the companies, project or location.
I expect tomorrow's RNS to be more of the same on this basis.