AND THE MOST IMPORTANT PART TO NOTE is that they will buying the ore at market price....that is a fantastic piece of news....
It works both ways....because they buy at market price, they have to pay more and the company makes more money, but as they hold heaps of shares, their percentage of the profit will also be bumper...which is fair enough....imagine not having to go around looking out for prospective buyers and just supplying to one of the largest consumer (can have its negatives too - like a big Chinese bully on your back who controls you.....but as of now, lets just concentrate on the positives which are aplenty !!!!)...
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