PLS 2.81% $3.11 pilbara minerals limited

Ann: Commissioning Commences at Ngungaju Plant, page-36

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    Does anyone know whether the output from Ngungaju plant is Currently uncontracted? Couldn’t find any relevant offtakes as it used to belong to Altura… would be printing money if none is contracted. The existing contract price is lagging spot price massively… why can’t we just tear up those contracts as during the last two years, the downstream customers didn’t honour their agreements anyway? Why should we now honour the contract now? Don’t know how the contract mechanism works…anyone? Also any pricing mechanism that we can trace? Thanks.
 
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