The word from I/R is that the auditors sent someone out to Melba to verify that the assets SFMI is claiming on its financial statement are in fact real before the auditors will sign off on the financials. Once that is done, the Form 10 will be submitted.
The way I understand it is that SFMI contracted with Deep Rock to construct the mill circuit. Deep Rock had extensive experience with mining but not with milling. Deep Rock convinced SFMI management that Deep Rock could build the mill circuit. Deep Rock started constructing the mill circuit without doing any of the necessary paperwork.
Apparently, the code violations at the potato plant stem from the retrofit of the building itself and not from the construction of mill circuit. That is, the problems have to do with plumbing, wiring, etc. and all of that work has to be redone. SFMI has seized whatever hard assets (bull dozer, dump truck, etc.) of Deep Rock that it can as compensation. I don't know if that constitutes "ownership" of Deep Rock.
This is what I/R told me. Read whatever you wish into it.