RE: RNS10 Mar 2021 07:20
Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:
"The copper price has performed well recently and, although it may continue to rise further, Minto has taken the decision to fix 90% of the revenue from the produced to 1 March copper. This will ensure that we limit the cash flow risks of the business and also benefit from receiving the funds arising from the copper price increase now instead of in Q3 2021 at the 3MAMA fixing date."