Avanti Signs Molybdenum Offtake Agreement with TKMetPro,2013-II
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- Category: Molybdenum's News
- Published on 25 June 2013
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US$300 million of the total molybdenum project finance facility needed for the development of the Kitsault mine.”Shares of Avanti rose as high as $0.07 when the news was released ; it is currently trading at $0.06.
At the price assumptions Avanti reported in its updated NI 43-101 feasibility study, released in February, the deal represents around US$2.7 billion of potential revenue.
They look forward to concluding the discussions with potential Asian partners for a similar transaction in order to assist in the completion of the debt financing for the project.
As a result of the deal, Avanti has now been able to formally apply for an “Untied Loan Guarantee” from the German government. It hopes to receive .
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As a result of the deal, Avanti has now been able to formally apply for an “Untied Loan Guarantee” from the German government. It hopes to receive .
More molybdenum product: http://www.molybdenum.com.cn
Tel: 0592-5129696 Fax:0592-5129797
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com