None of our announcements have mentioned at what specific price we are selling spod to Yahua
So recently when speaking to Stephen, I did ask him what price we were getting?
although no specific price was mentioned, he did say it was competitive, with the current market pricing
And of course like all contracts of this nature, had the flexibility of going up and down as market conditions
dictate, the companies focus, is primarily, increasing the JORC - although he would not venture a figure, of what we may expect.
An increase to the current resource is inevitable. Still anybodies guess, to a figure.
Yahua are firmly committed to the project and in getting as much product as they can,
We have 12 months, from the signing and payment of the second tranche, to see if Yahua have an appetite for any more of the company, I guess resource amount will govern that too
I still believe this company is undervalued and ppl will be kicking themselves, for not taking advantage of the market lull with CXO.
CXO Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
