These matters include commitments arising from a recent Arbitration Award, EnviroGold’s procedure for the sale of surplus plant and equipment, and clarification of items remaining to be completed under the Project Closure Plan.
As a consequence, EnviroGold will not commence enforcement proceedings for the ~$4.0 million due under the Award before the negotiations have been concluded.
A program for the sale of surplus assets has commenced with offers for ~$1.4 million of various items under consideration.
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