Relationship14 Dec 2017 09:20
Commenting today, Managing Director, Richard Clemmey said: "We are delighted to announce this strategic relationship with Possehl, one of the worlds leading global trading groups. The relationship represents a critical building block in our quest to becoming a leading supplier of fluorspar to the global markets. Not only does this provide the Company with the opportunity, and competitive advantage, to secure long-term sales contracts with key fluorspar end users but also access to pre-financing, which can form an important part of the overall development funding package for our fluorspar projects and potential future acquisitions".
Commenting today, Michael Fanger from Possehl said: "We have enjoyed a great working relationship with Richard over the years on various mining operations and we are excited to work with the Tertiary management team on their fluorspar operations and believe the combined strengths of this important relationship will bring numerous benefits for Tertiary, Possehl and our customers".
Possehl obviously have a lot of belief in Richard having worked with him in the past. Imagine where the SP will be when this agreement gets signed