UNV 0.00% 16.0¢ universal coal plc

Ann: Universal Coal's Next Project Now Fully Permitted-UNV.AX, page-9

  1. 4,703 Posts.
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    They already mentioned @Jonathan111 that first sales would take place in September even? So it seems from now till end of year the coal will be rolling onto ships? Not sure as no specifics on how they're getting paid but assume cash on delivery? Maybe someone who better understands the offtake procedures could comment, would hope some cash is received at the loading but assumedly when it is shipped and arrives will they send the invoices out?

    Still good to know anyway that coal is pumping out and being shipped out in sept. Beats not doing anything.
 
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