RE: Call13 Mar 2018 09:32
Grassroots sales force, going to round farmers to get them to buy direct. Number is more than 20 potential customers and growing by the week - working better than expectations at this stage
The recent contract is not on consignments and has sold the product to the customer. It is contingent on the speed that HMI delivers it, and they expect payment 30-60 days on normal credit terms after the first delivery for the customer to pay for it.
No requirement for any more testing.
Production online this month, infrastructure is in place.
Contacted govt to apply for full mining license, expected to hear back Q2 18 and then they'll submit, with it being expected by the end of the year.
Trial mining license has no cap on quantity