GREY:WFEMF - Post by User
Comment by
Majormac79on Nov 11, 2012 1:17am
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Post# 20585977
RE: German Presentation
RE: German Presentation Korea zinc just like IMC had a time line which they were able to qualify for a given deal, it is entirely possible that woulfe got to the next stage whereby the imc deal is only required for sales and not for a JV since the BOK is willing to loan based on woulfe's equity. This would allow woulfe to maintain full ownership and still make sales to IMC via a minor discount to market.
Just my opinion of what could be happening!
Glta and cheers
majormac