Vast Resources PLC (AIM:VAST)'s Andrew Prelea joins Proactive as the firm marks the official opening ceremony for the refurbished processing plant at theTakob Mine in Tajikistan.
The company will receive a royalty equivalent to a 12.25% royalty over all sales of non-ferrous concentrate and any other metals produced from the Takob plant.
First deliveries will be in September with a new offtake partner to be announced 'shortly'.
Prelea says the plant has been refurbished and recommissioned in under five months and after its experience in Tajikistan Vast is now determined to find other projects in the country.