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wonder..., page-2

  1. 557 Posts.
    Flashback to Sept 2006

    Given the location of Perkoa in Burkina Faso, the following companies have been
    selected as off-take partners:

    •Xstrata Zinc for its smelters in Spain and Germany;

    •Votarantim Metais for its smelters in Brazil and Peru; and

    •Louis Dreyfus Commodities Metals Suisse SA with extensive commodities
    trading and logistics expertise, particularly in West Africa.

    These three off-take partners will provide Perkoa with a secure, long-term
    market, attractive sales terms and flexibility in concentrate sales. The
    geographic proximity of Perkoa to the chosen markets will provide commercial
    benefits to AIM Resources as well as these partners.

    The Letters of Intent set out the framework and the commercial terms which will
    be incorporated into off-take agreements between the Parties. AIM Resources is
    now well positioned to finalise detailed off-take agreements for the total
    forecast production of zinc concentrates from Perkoa. Two of the parties have
    indicated a willingness to assist with project funding in a form such as
    providing a cost over-run facility.

    AIM Resources has been assisted by Cashmere Marketing Consultants, a firm
    specialising in base metal concentrates.

    The current global shortage of zinc concentrates and the historically high zinc
    price provides favourable returns for zinc mines and smelters and augurs well
    for the future of the Perkoa Zinc Project.

    Marc Flory, Managing Director, said "Selecting our concentrate off-take partners
    is a key step forward towards finalising our funding arrangements for the
    development of Perkoa.


    Givn the delays in finalising the off-takes, it has to be due to finance negotiations as well....simply has to be. Maybe when BC gets back, we will see both finalised....
 
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