Board of OT LLC has convened recently to solve major issues that has been blocking the company to commence copper concentrate shipment. After convening for 2 days the management of OT LLC finally agreed to transfer sales revenue through Mongolia based and OT LLC registered accounts.
It has been almost a month since the initial delay in June. Delay occurred when the government asked OT LLC to disclose the Sales agreements to the Mongolian side board members and process the sales revenues through Mongolia based banks.
Another step for the project acceleration.