Ironveld 'confident' of securing off-take agreement as potential partner tests samples
Source - SMW
Ironveld said Friday it had delivered sufficient tonnage to the potential off-take partner to undertake a full kiln smelting test and expected the outcome to result in a long-term off-take agreement that would generate ‘significant’ revenue.
The outcome of the test was expected in the next three weeks, the company said.
‘Our sampling programme is progressing to plan and we are confident of reaching a long term off-take agreement with our potential off-take partner, which would generate significant revenue for Ironveld. I look forward to updating the market further in due course,’ said Peter Cox, CEO of Ironveld.
At 8:45am: (LON:IRON) Ironveld Plc share price was +0.28p at 2.05p