
Date | Milestone |
July 22, 2016 | · Signature of Agreement between The Company and Ministry of Industry |
August – February
2017 |
· Financial modelling and structuring of the financing |
December 2016 | · Land acquisition. |
March 2017 | · Set-up of project SPV in Kisangani and purchase of the mining rights |
April – August 2017 | · Quarry survey and determination of proven reserves and raw materials specifications |
September –
December 2017 |
· Debt and Equity raising |
January 2018 | · Start of construction |
Coal Supply Contract | · Commercial Operation Date |