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Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Comment by sjanneson May 21, 2014 1:00pm
196 Views
Post# 22583029

RE:RE:RE:RE:RE:mining permits

RE:RE:RE:RE:RE:mining permitsReading back I have the impression that Bossman is refering to the El Tejon mine which was only acquired in februari of this year. Considering that mine had been on Care and Maintenance for quitte some years it would not be surprising that the mining permits had lapsed and that NRT is now looking to renew them. Pending that application i can imagine that no offtake agreements are being made as it might be unclear whether or not those permits will be renewed or not. 

I'd like to hear from Bossman to which mine he was refering to be sure, but for now I think the Sonora project (amorphous and currently producing, for all who dont do any DD) is still up and running.
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