RE: Monday22 Sep 2023 09:32
Couple of snippets from the RNS 15th August
Operations at Zulu have been temporarily suspended to allow for the installation and commissioning of the mill from RHA Tungsten. This is expected to be completed during the early Autumn and within sufficient time to meet the revised Product delivery schedule which has been agreed at an initial rate of 1,000 tons of product shipped to Canmax by the end of November.
Settlement of the Advance Purchase Amount should commence no later than 1 November 2023 at a minimum rate of 1,000 tonnes per month on a rolling average basis plus or minus 10% ("Minimum Delivered Product"). If the Minimum Delivered Product does not occur, then Premier will be required to make a cash payment to Canmax ("Cash Settlement") for that month as follows:
clear as mud to me :)))))