VTX 4.17% 11.5¢ vertex minerals limited

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

  1. 293 Posts.
    lightbulb Created with Sketch. 125
    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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