Ann: Off-Take Agreement, page-75

So now as the mining license is a done deal, the mentioned pre-payment of usd 6m must be started receiving in instalments to assist funding in project construction. I am a new holder after today's announcement. Reading old company updates makes me wonder how high the valuation may go over an year time. Financing deal in place, license received, EPC contractor lined up, off take agreement in place, price of copper very close to best case scenario ( refer 24th Jan 2018 company update). What is there not to like this company. Patience is the key from here onward for 1-2 years and SP should be touching 50c conservatively, considering 227m EBITDA over 10 years of project life time and P/E of 15 only. Fingers crossed.