zinc price & stock level, page-28

The MoU is a framework agreement under which NFC has undertaken to provide the following:

- Engineering, procurement and construction (“EPC”) on a fixed price and turnkey basis;
- NFC to facilitate funding of the project development costs from major banks in China for 70% of the EPC contract cost on a turn-key basis (subject to standard terms and acceptability of the banks);
- NFC is provided with an option to purchase up to 20% of the Citronen project directly on an mutually agreed valuation basis; and
- NFC entering into an offtake agreement for the concentrate products of the Project or a portion thereof.

http://www.proactiveinvestors.com.au/companies/news/45562/ironbark-zinc-partnership-with-chinas-nfc-a-path-to-citronen-project-development-45562.html