...28 Feb 2019 14:46
cant be long now based on the rns,as was in the rns expecting no material slippage if at all..
so might be some minor adjustments, its interesting that this rns doesnt give enough confidence to investors
its not a matter of if but when...
Following the announcement on 1 February 2019, the Company has concluded positive meetings with the Liaison Committee, setup and chaired by the Mozambican Ministry of Mineral Resources and Energy ("MIREME"), where the updated Project work program and timetable targeting power on the grid by 2023 was presented. Following these meetings, the Company's potential strategic partners have confirmed that the process to conclude the JDA can now move forward. All parties are currently reviewing the latest draft and timetable for completion of the JDA, although the Company does not expect material slippage, if at all, from the current target timeframe of Q1 2019 or any impact on the overall timetable leading up to first power targeted in 2023.