ASX superpits are signing MOU's for future mega volumes, while existing producers like StratMin are selling minuscule amounts today.....
StratMin Global Resources plc (LSE:STGR) announced a sales contract with an “established European graphite trading house.” The contract is the second for StratMin.
As quoted in the press release:
This established European graphite trading house has made an initial order from StratMin for the following product:
- 20 tonnes of +50 mesh
- 20 tonnes of between 80 and 50 mesh
Delivery of the above order is expected to be within August.
Manoli Yannaghas, managing director of StratMin, commented:
I am delighted that StratMin has secured this additional sales contract, evidence that we are extending our reach to the European and US graphite markets. I look forward to updating the market with further orders in due course.
http://investingnews.com/daily/reso...sting/stratmin-secures-second-sales-contract/
