Offtake agreement expires in 4 days

  1. 1,337 Posts.
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    I notice that there is only 4 days to go before Hong Kong based Kam Lung Investment Development Company (KLID) 8M options - Offtake agreement expires. Just re-capping the announcement - To achieve this as STB (now DNK) has agreed to issue 8M options to KLID exercisable at 35 cents subject to KLID successfully securing a binding offtake agreement for potassium sulphate for the Colluli Project on commercial terms acceptable to the CMSC board. The offtake agreement is to be completed within 6 months of STB’s announcement of the pre-feasibility study results to the ASX.
    That’s 6 months from the 4 March 2015. Or September $$$$$$4th.

    Cheers,
    WC.
 
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