Thanks, I find it quite confusing tbh.
If that’s the case wouldn’t JC get 50% of the profits derived from ARL’s 25% offtake sales?
I would have thought 50:50 should have got them 50% offtake rights, not 75%.
Now ARL have to fund 50% of the production costs to only sell 25% of the product output?
Maybe this deal is way over my head lol
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-81
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