I knew there was something I forgot30 Jun 2018 14:29
and this was about the LOI's which had been mentioned and what had happened?????
Such as RNS 19th May 2017
The Company is please to announce it has signed a Letter of Intent ("LOI") with a customer to supply coal. Initially this is expected to be 1,000 tonnes per month rising to a potential 7,000 tonnes per month supply to this customer as the operation expands.
The LOI is the first stage of completing a formal coal supply agreement prior to first deliveries. Deliveries are expected to start in July 2017, initially with the Company supplying screened coal and, once the coal wash plant is operational, the customer requirements will be assessed to determine the most suitable product to supply. The board can give no assurance at this stage that a formal agreement will be concluded.