Deal Room Milestones
Milestone tracker for document review, commercial alignment, and contract preparation. Updates are local workspace state only.
Milestone action boundary
Milestones organize workflow state but do not approve documents or create obligations.
Milestone updates do not trigger settlement, payments, signatures, escrow releases, external notices, or legal execution.
Brent Crude Q3 Program
50,000 MT Brent Crude Oil · Mercuria Global Ltd / Norvax Energy Group
Milestone timeline
Seeded milestone states for workflow design only.
NDA and access approval
completeDue 2026-05-17
Mock NDA access complete.
NDADocument review
activeDue 2026-05-24
Buyer reviewing sample assay and seller document pack.
Assay packCommercial invoice draftSeller KYB packCommercial terms alignment
pendingDue 2026-05-31
No binding terms in this shell.
Term sheetContract execution
pendingDue 2026-06-07
Contract workflow deferred.
SPA draft
No binding workflow action
Milestone movement does not approve documents, trigger settlement, create obligations, or execute a trade.
Approvals require backend controls
Real milestone approvals need role permissions, audit persistence, document checks, and counterparty notifications.