Heard back from Roger, the 20,000 ounces is at the London Bullion market association spot price minus a small discount.
He also confirmed the financiers have been to site and have done technicals and they are just waiting on vertex account to provide updated financials.
Surprised by the lack of market action today, this is a massive development. If the company can get into production with only 120million SOI thats an amazing outcome.
Ann: Term Sheet for US$10M Prepayment Facility, page-5
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