NMT 13.6% 12.5¢ neometals ltd

Ann: Neometals Integrated Lithium Production Strategy, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,021 Posts.
    lightbulb Created with Sketch. 101
    This line here: The retention by the Company of its binding offtake option rights for a minimum of 12.37% of production from Mt Marion from February 2020.

    Is anyone able to explain this to me>?  I was under the impression we (nmt) had option rights of production which were 50% ?
 
watchlist Created with Sketch. Add NMT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.