They are legally binding however how they hold up under the current political climate without Chinese financing was my point.
Can we simply scrap them, probably not.
Would we want to scrap them, unless there is bigger demand for expandable graphite than I'm aware of globally, probably not.
I think a good start would be offtakes to Europe for the remaining 48% of production. That should give financing external to China greater confidence, we can then afford to put the remaining Chinese offtakes to the test without as much concern to them being honoured.
I'm sure David has been doing lot's of feeling out in Europe quietly, the membership to the EBA is a positive sign that Triton can be realigned to Europe under the current company/board format. The EBA would not have let us join if we were not sellable or attractive to other members.
Let's see where the AGM washes up.
I'm not angry or bailing on Triton...I under stand the importance of timing...My objective is not to kick us in the guts...It's to create the right tempo for the AGM.
We need Andrew elected...We need the right pressure on Max...That's what my tone is about.
I'll leave the post AGM tactics to David, hopefully Andrew too.
We have options, but a mature and calculated approach from here is critical...Management need to expertly navigate the waters and I'm sure they are a step ahead of us shareholders in understanding what cards can be played, as only those in discussions with European firms can.
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