Nice to see your still around Major. LOL
Anyway I just received a comprehensive response from Michael Weir and it's very much consistent with what I have suggested today except that the concentrate could attract a premium of up to 20% (benchmark fines).
They are very close to finalising the details which will provide full transparency on pricing. If GBG doesn't agree to the off-take deal being offered by AnSteel, they do not fulfil the conditions of the JV and will forego their 50% stake in the project. Clearly GBG will not agree to anything that does not make money for shareholders and clearly AnSteel does not want to lose the project.
Cheers
Denial
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