Off take agreements? are not such a good idea at these commodity price levels. Most off-take agreements have a full/partial fixed price component in addition to fixed time & volume. IMO, Better to wait and see what the market does as we get closer to production next year.
Lets not forget that MZI has already locked-in 30% of its production with 'Dupont' This should give the banks sufficient confidence.
Cheers
Huckle
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