I'm worried it won't dry out though. Not quick enough considering it'll be sheeted same day - in an area already prone to dampness.the mould is no big deal, the timber will dry out once fitted inside
out of curiosity, what did you pay for that rubbish ? it looks like home grown stuff that has been let by evryone else.
Why not by proper dry stud timbers, about £75 for 20 lengths.96 metres (20 lengths) coming in at £100.80.
I find that if you get it up sharpish and board it quickly it will dry out sufficiently without warping, however leave it hanging lying around outside to dry out, or put the frames up and leave them a week or two to dry out and all those knots will guarantee it will warpIt will dry out underneath the plasterboard, might stop it warping out of shape if put up dampish. leave that out on a sunny day and it could twist to buggery.