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Tuesday, August 20, 2019 12:22:38 AM
Australian Mines said in May that they expected their financing deal to be done by the end of June 2019. June has come and gone, but in the mean time Australian Mines signed a supply agreement with SK Innovations for 100% of the minerals from it's Sconi Mine. So these companies would not be signing a supply agreement if they were not expecting financing to be done soon. An announcement is expected any day now about this financing.
https://www.mining.com/web/australian-battery-materials-plant-eyes-financing-deal-end-june/
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