Well well looks like GL is out.
Whether Gangfeng wanna scoop up the remaining 50% stage 1 output and scrap out the stage 2 initiative or keep it as well.
Here is my take on it:
50% chance Gangfeng take up the GL portion and keep the Growth initiative for stage 2.
30% chance Gangfeng take up GL portion and scrap out the current stage 2 deal. However they will replace it with another deal, maybe First Right if Refusal for stage 2 offtakes ,
10% chance Gangfeng take up GL portion and no more stage 2 deal.
5% chance another offtake with a different partner, with GL still out.
5% chance GL out and a DSO deal is in
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