Lots of Rose coloured glasses here.
Anyone who thinks this will sell at only 5% discount to spot is mad.
Also worrying is that management required a middle man for their offtake. What does that tell you?
Agree that tier 1 was spruiked for months, people rightly dissapointed, hence SP performance today.
Also no chance of financing from prepayment now, so there is that too...
Ann: Binding Offtake Signed with Traxys, page-263
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