Cotton & Western Mining Inc. (CWRN)

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Yes and since CWRN's project manager indicated the debt would be more than paid off with the first shipment,once CWRN is paid they will have some money to allocate to buyback and pay for 2nd ship-if they need such funds to pay for the 2nd ship.

PR's indicate shipment on a CFR basis,which means they are paid when ore passes over the rail. When that happens they receive a bill of lading and any other doc and present that to the bank for payment.