nothing wrong with binding off-take agreements (though they depend on the stuff actually being available) but they don't compare with cash contributions.... that's when the real moves will be made.
with TNG it depends on your view of whether finance will be found for the project. The Tivan process is in new territory and will require a very confident organisation to put up the money for the full scale industrial process? it's possible I guess if the payback is realistic as some posters insist, but DFS projections often miss the mark - so the finance aspect remains 'interesting'.
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