SLIDE 13 CURRENT STATUS OF PROJECT
- Feasibility and in house due diligence process completed.
- Interaction with relevant departments IDC, ELIDZ, GAFF and DTI began and in progress.
- Next steps include
○ Finalise Equity Partner and sign NDA, ○ Finalise with equity partner/s, ○ Memorandum of Agreement (MOA), ○ Due Diligence, ○ Formation of NewCo. ○ Negotiation of lease, ○ Applications for Licenses, ○ Finalisation of equipment quotes, ○ Finalisation of contractor tender process, ○ Formal Incentive Applications & approvals from relevant departments ○ Recruitment of key staff ○ Appointment of project supervisors (Arup)
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