Luanboo
Could you also ask a few question on my behalf at tomorrow’s meeting. It is my understanding that shipping schedules had been previously agreed with Burwill up to December 2019.
I would like to know if last weeks’ shipment of 5,500 tonnes was as per the agreed schedule and if the tonnage was as per agreement. If it was then when is the next shipment due and what tonnage is scheduled.
Given the events of yesterday the cynic in me is questioning if we are also being squeezed on cash flow as I would have expected a minimum shipment of 10,000 tonnes given our processing rates and stockpiles. As a default does not occur unless it remains un-remedied for a period of 60 days the timing of any variation to the agreement now has to be questioned.
Thanks in advance.
TAW Price at posting:
25.0¢ Sentiment: None Disclosure: Held
