Keras Resources - Re: KRS Stream Log - Read Northland Capital Partners's view...

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10:25 24/05/2016

Read Northland Capital Partners's view on Keras Resources. It's available on Research Tree: "A positive development for Keras Resources that results in the brining forward of the payments due to Keras. Previously, Keras was due to be paid 42 days after all laboratory test work on moisture content, recoveries and grade was completed. This was a significant amount of time for valuable working capital to be tied up and could have delayed work at Keras’ other projects. Following this latest agreement, Keras will receive the pre-payment once the ore has been processed through the mobile plant and a provisional gold determination statement has been prepared. The payment will..."

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