"Remember chalco, we already have off-take agreements in place with a corner stone investor who wants to take a min 60% of everything but actually wants 100% of what CDU will generate."
GFM, you are correct in saying that.
But can you guide me as to where we have been told by the company, at what price will these corner stone investors will get their 60% of everything we produce for.??
For, it could be at a premium of the copper and equivalents prices at the time, it could be at market price prevalent at the time, but it could also be at a huge discount to the prevalent prices at the time.
Now, which one of the above three classifications is the one applicable to us.??
I am not attacking you mate, I am just asking a simple question which, no one in the TU's and club members camp, have been willing to answer.
Regards
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