PLS 0.34% $2.99 pilbara minerals limited

Ann: Trading Halt, page-25

  1. 935 Posts.
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    I like the definition of "off take"...

    An agreement entered between a producer and a buyer to buy/sell a certain amount of the future production. It is generally negotiated long before the construction of a facility to guarantee a market for the facility's future production and improve chances of getting financing for the installation concerned.

    Read more: http://www.businessdictionary.com/definition/offtake-agreement.html
 
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