Your theory on Euroz's selling seems plausible. Whatever the reason, I am as close to certain as I can be, they do not have inside information that has prompted them to sell. They have their own reasons.
Just for accuracy, we haven't pre-sold 110% of planned output. We have binding OTAs for 110% of initial planned output.
I like the sound of "partnership" with Sojitz. @Simmpa is already reading our partner's Integrated Report The world knows what Japan thinks of China...they do not want to be reliant on Chinese supply of any critical resources. Sojitz like our graphite, they don't want a Chinese supplier, and their business model shows they like to partner with suppliers. They want to see us succeed. This reaffirms my confidence despite Euroz's selling and the lack of newsflow recently.
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