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Ann: Development Progress - Lindi Jumbo Mine, page-7098

  1. 149 Posts.
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    Hi Croc,
    You can see from the announcement of July 22nd, 2022 that WKT's existing agreements with the Chinese offtakes were rolled into the new agreement with Wogen

    Extract from July 22nd , 2022 announcement below
    "The original agreement allowed for a volume of production not already committed to other customers to be sold to Wogen.
    Under the amended terms, the agreement is for the full nameplate capacity of the Lindi Jumbo Mine.
    Wogen will distribute the product into the global market, drawing on its substantial expertise and resources in speciality commodities marketing.
    Existing offtake agreements with other customers will be renegotiated to reflect this new arrangement. The existing customers are supportive of this approach."


 
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