Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Dev has made the first shipment (although this is limited to $10 million net - which is only my opinion. It could be 10% of available iron stock) and KDNC is close to completing negotiations and documentations of the credit settlement with the banks. We are now awaiting second shipping and a confirmation of the settlement agreement and 20% ownership in Dev by KDNC.
https://www.jusbrasil.com.br/diarios/1121043376/dou-secao-1-12-04-2021-pg-97
5) Process: 50305.002508 / 2014-16
Subject: DEV Mineração S / A - Conduct Adjustment Term - TAC;
Rapporteur: Adalberto Tokarski; Request for view: Gabriela Costa. Result: Vote of the Rapporteur unanimously approved, in accordance with Vote AT AST-DR 1262481.
https://law.stackexchange.com/questions/23214/english-name-for-brazilian-conduct-adjustment-agreement
They seems to have come to an agreement for an old dispute and another hurdle crossed?
@Tomcat - Wasn't he talking about the ships being booked through a particular method (I am not familiar with those terms and didn't note the word down) and how that method could be cost effective during times of leaner demands for ships.
@Barksy1 - Thank you. They were good questions and I found the answers useful :)
I thought the same...it could have been easier to just say 2/3 ships if that was the case as it wouldn't be new information..
@tomcat - I thought it was about ships as prices of booking one was discussed and how it is high at the moment..