GREY:NMKEF - Post by User
Post by
clmclmon Nov 09, 2016 1:32pm
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Post# 25441197
Tranlation Guy Bourassa
Tranlation Guy BourassaGuy Bourassa has Decision Plus at lunch)...
M Bourassa said that the contract with FMC was firm. It is not a LUNG or a letter of intent. NMX has to deliver 8 000T has to leave of 2018 has FMC. The sale price of the carbonate is to fix to walk(work) him(it) once a anne. In other words, if NMX begins its delivery has FMC June 1st, 2018 then, has on every June 1st of every next year, it is has this moment which the price(prize) of the carbonate is to fix for whole year. Every date of birthday(anniversary) NMX and FMC sets the price of the next year. It is as ca that his(her,its) general work to walk(work) him(it) there.
With FMC as partner, NMX can finance by DEBTS with banks to avoid the dilution.
About DORIS, Guy tells us that NMX has to find DORIS by wanting to drill in-depth Wabouch but it looks like 2 funds are to connect between them ....
In any case, he says that it is BIG ....
HE says that all the results of drillings are going to have gone out by NOVEMBER 28TH, 2016, after him has ura there up-dates him the feasibility toward the end in December, 2016 which is going to increase the rentabiliter of the project and finally, in January, 2017, there will be a first delivery has JMBM.
GUY says that when he the production is going to begin in January, NMX is going to become quite a different company. The proof is going to be made and the value of the company is going to explosed.