Weatherly International - Re: WTI Stream Log - finnCap's note from this morning...

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Re: WTI Stream Log
10:08 02/06/2016
Simbrad
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finnCap's note from this morning from Research Tree.... Weatherly has announced that it has concluded a formal agreement with Orion Mine Finance to further defer the start of its debt repayment until February 2017. Thereafter, each repayment will be increased so that the debt is cleared by February 2020. In exchange for agreeing to the deferral, Orion has the right to buy up to 700 tonnes of copper cathode each month at a price of US$5,000 per tonne (copper is currently trading at US$4,630 per tonne).

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