This does not look like a health...

This does not look like a health entity:

https://www.bloomberg.com/quote/300116:CH

If their off take is structured both ways (ie we have to deliver and they have to pay), then I expect they'll be prepared to forego holding onto their shares it's far cheaper than paying their dues. Indeed I'd forgotten that it's 100,000 tonnes they've committed to not 50,000:

https://www.asx.com.au/asxpdf/20170710/pdf/43kjrbf690l02h.pdf

At $900/tonne = $90,000,000 AUD. Will they just default? Is there a mechanism for us to take their shares through an EGM or otherwise if they do default?

Maybe the silence is the negotiation of the 100,000 off take to go elsewhere before releasing JRO from their commitment and tidying up the issue with their shares. In the current climate 100,000 tpa of quality product with very near term availability would surely be in demand?