BKT 5.88% 5.4¢ black rock mining limited

Ann: Binding Offtake Term Sheets Executed for Large Flake, page-22

  1. 1,555 Posts.
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    Offtake agreements are worthless without the right to mine.
    The right to mine* is worthless without offtake agreements

    But, The right to mine + Offtakes =valuable

    Be Patient

    (*Soverign risk can reduce the value of the right to mine in some areas, say if not honoured, or change in rule)
 
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