Hi Jas, I have just re-read the announcement, looks like you may be right, sounds like it gets loaded and then some independant analysis happens somewhere before we get paid. Hopefully the ship doesn't sail until that independant analysis happens, or does that happen in China?
"
Altura will receive payment for its cargoes on presentation of documents under standard letter of credit arrangements once the product is loaded and the independent sampling and analysis of the shipment has been completed. This is in accordance with the binding offtake agreements.
Anyway, will be good to get a heads up on social media when it all starts to happen, we could have a good few days trading before the rest of market finds out it has been loaded depending on how much they have to load as
"
Altura is looking forward to further advising the market of the completion of loading of the milestone first cargo. "
Lucky we have Hotcopper to keep us alerted IMHO
Goodluck
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