Domum & others,
After reading up on a recent report from CBH on the proposed TOHO Offtake agreement (it is based on asian benchmark), not convinced that these LME spot price rises above and beyone where they are today is going to give a great deal extra to any offtake arrangements MF will enter.
Is worth a skim read for those who like myself who need a better handle on offtake arrangements:
http://cms.cbhresources.com.au//information/pdf/061006.pdf
Cheers
Wilf
opportunity knocks, page-4
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