"”Commercial production” being able to produce product that enables the company to pay its bills and make a profit.
You no doubt have another definition."
Glad you clarified that. Not a very common definition it appears. How about this one?
"Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);"
At least we have got passed your first question of whether we are producing SoP.
Ann: Facility Amendments Executed with Senior Lenders, page-38
Add to My Watchlist
What is My Watchlist?