Correct me if I'm wrong, but if someone has prepaid for an item, doesn't that mean that there is already an existing cash flow?
Its all in the announcements, but i will summarise:
PZC loaned $5m for the expansion of an existing mine NAD/PMU, they will be receiving $2.00 a tonne for the repayment of the loan and then another $.60 per tonne profit, plus off take rights.
Not sure what the story is from Noble.
P.S great announcement re TCM, only a matter of time before people see the potential!
PZC Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
