Nothings been discounted kubrka.
As shrewd investors M&G would know their best mark-up would only be realised after production commences.
Giving control to the group with the offtake prior to any production would be pretty foolish on M&G's behalf. Of course anythings possible but I won't hold my breath on any 3 way stich-up prior to production.
oops, have we hit the top, page-26
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