IEC 0.00% 0.1¢ intra energy corporation limited

This forum is so lonely. Anyway, nice little tidbit in this...

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  1. 106 Posts.
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    This forum is so lonely.

    Anyway, nice little tidbit in this release

    "75% of its current average revenue is "take or pay"
    - I see this as positive and reduces the risk significantly


    In previous announcements they had noted:
    8,000 tonnes per month with Tanga Cement (oct-17)
    6,600 tonnes per month with Twyford Ceramics -Kenya (Aug-17)
    4,900 tonnes per month with Twyford Ceramics -Tanzania (Aug-17)

    That accounts for ~1/3 of their average sales. Good know there are other contracts out there on a similar basis too.
 
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