We buy on cif Destination,will pay after assay report. > > We like cash to flow quickly to the Seller on the > product > > after assay. > > Rather than doing the entire assay of the product and > then > > making payment > > which is typical in the industry, we take a different > > approach. After each > > day of assay, up to 250 kgs per day, the following > morning > > we make 90% > > payment to the Seller by wire transfer, with the > balance of > > 10% payable 1-2 > > days later when the commercial assay is completed on > the > > product from the > > day. We continue the process daily until all of the > product > > is assayed. Thus > > there is a constant flow of funds to the Seller during > the > > process rather > > than waiting for the assay to be completed and then > payment > > being made. We > > believe this to be a better approach.