SYA 1.92% 2.7¢ sayona mining limited

Isn't it CIF ' Destination ' ...so when it arrives Doc's will be...

  1. 12,830 Posts.
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    Isn't it CIF ' Destination ' ...so when it arrives Doc's will be presented , and then in 5 days following that , we will be paid. Standard process under financial intrument documentation - ie LC's . Is it to the trading Broker or the end Customer is the question. Was the spod deemed ' Delivered ' once it was loaded by the Broker who would have managed all these costs as well.

    Either way , we will have our monies soon and definitely will be reflected along with Piedmont's first shipment and our second shipment probably by the time to be captured in the September quarterlies come the end of October. No stress really.

    Because , I would be more interested if we were to start spending some of that money ahead of the quarterlies on further tenement and project growth....wink.png
 
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