CRR 0.00% 1.0¢ critical resources limited

Ann: OFFTAKE AGREEMENT WITH TRANSAMINE FOR TSHIMPALA, page-64

  1. 3,667 Posts.
    lightbulb Created with Sketch. 1396
    Now I'm speculating, but perhaps there is an initial term (i.e. period) where they have agreed to purchase 100% of the lead/silver production and at the conclusion of the initial term (period) they then have the right to purchase (i.e. a first right of refusal) for all of the lead/silver production going forward.

    I.e. 4CE must sell to the offtake partner, and the offtake partner must take delivery of, 100% of production for an initial period and then 4CE potentially sell to other parties as well in future years if the current offtake partner chooses not to take 100% of the production.

    Again, like my last post, this is speculation on my part about what's in the contract (obviously not having seen it), but is a possible scenario under which the terms may not be conflicting.
 
watchlist Created with Sketch. Add CRR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.