Waratah Resources (ASX: WGO) (“Waratah” or “the Company”) is pleased to announce that the Company is in final discussions for a A$100 million trade finance facility with the Bank of China.
Waratah Resources Executive Chairman Ben Kirkpatrick commented, "Arranging this facility significantly enhances our capability to execute and facilitate commodities deals.” Waratah announced last week that it had completed its first commodities trade, sourcing 50,000 tonnes of thermal coal from Indonesia for China’s Ningbo ETDZ Holdings.
This will put should see the SP Rise, CompanyMcap is Tiny ...in comparison... Some big things planned here I suspect. IMHO
