SI6 0.00% 0.2¢ si6 metals limited

integra see below for the off take agreement in the JV... Under...

  1. 316 Posts.
    integra see below for the off take agreement in the JV...

    Under the Farm-In Joint Venture Agreement, BCL can spend US$4M on drilling and exploration to earn a 40% interest in the PLs. BCL then has the option to continue to fund the projects to the completion of a Bankable Feasibility Study to earn a 70% interest. At that point BCL will have the off-take rights at commercial prices, to any ore mined. BCL also has a first right of refusal to participate in exploration on the Company’s other prospecting licences in Botswana.
 
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