Hopefully we get an update on this as well:
Progress on New China Wood Sales Agreement
The Company notes recent press reports relating to the progress being made by Quintis on a new wood sales contract to China. The Company confirms it has selected its preferred off-take counterparty and negotiations are well advanced, however no final sales agreement has as yet been signed. These negotiations have confirmed Quintis’ confidence that there is a substantial market for Indian Sandalwood from a range of buyers in the China market.
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- Ann: More than $11 million secured in accelerated sales program
Ann: More than $11 million secured in accelerated sales program, page-19
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