I'll be brief, our end buyer for copper cathodes is a client of Pacorini bonded warehouse and is involved in mineral business only, for over 30 years. They are ready to buy copper cathodes on FOB Daar Es Salaam- Pacorini warehouse( inhouse transaction) with MT103 payment after inspection . We can start with whatever qty of trial, up to 800 MT.
Progresively we could reach up to 50.000 MT/month with rolls and extensions.
LC is considered and apply only after several successful transactions MT103 payment.
Target price LME - 18%
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