VTX 3.03% 17.0¢ vertex minerals limited

Ann: Term Sheet for US$10M Prepayment Facility, page-28

  1. 303 Posts.
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    No mate it's an offtake agreement of 20,000 ounces at the London Bullion Market Association spot price minus a small discount.

    The $10m loan is a normal loan paid back with interest.

 
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