Alimak, Lionel is correct that there is a dispute over sulphide...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,924 Posts.
    lightbulb Created with Sketch. 28
    Alimak, Lionel is correct that there is a dispute over sulphide vs oxide ore however IMO you are partially correct, they are delaying payment for their own reasons.

    EXS already gave them 90 day terms to help them during a problematic start up so they may be just trying to hang onto their cash for as long a possible. Ultimately the company is backed by SOL so they are hardly in a position where they can't pay their bills.
 
watchlist Created with Sketch. Add EXS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.