How can this not be seen as a great deal?
Some more cash for mining and plant build.
JV to process.
140k tonnes per year off take.
And more deals of this nature to come.
PLS may end up with 6 or so downstream processing JV's and all of their output sold.
It's been de-risked a hell of a lot.
Noob traders like myself just need to sit this in the bottom drawer and stay healthy.
Ann: Binding Off-take & Downstream Processing Agreements-PLS.AX, page-101
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