GREY:MWSWF - Post by User
Post by
NycePriceon Dec 24, 2014 8:21am
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Post# 23262740
Trafigura + Galena see Copper Dollars Signs $$
Trafigura + Galena see Copper Dollars Signs $$Remember Debt will be Dropping very Quickly as per Iagreement n the second quarter, signed an offtake agreement with Trafigura to sell 100% of the copper concentrate producted at its Dikulushi and Kapulo mines for a period of up to four years from the start of commercial production at Kapulo. As part of the deal, Trafigura gave the company a prepaid debt facility of US$50 million. As production starts and Copper Sales Flow...bye bye Debt.