As announced on 19th April 2017, the Company advised that it had received a commercial Purchase Order (PO) for 20,000t of the premium product produced by the Phase Two wet beatification plant. The PO issued by Infinity Ores (IFO) is for the supply of 20,000 tonnes of 63% Fe filter cake (wet plant product). The negotiated sales price for the initial PO is A$65 (equivalent) ex gate with payment in advance based on 1,000 tonne lots.
Not a bad way to start a Friday!
NSL Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held