It's not uncommon for juniors to announce the existence of an offtake, while keeping the counterparty anonymous.Especially if: -The offtaker requires confidentiality contractually. -The name adds no material value to the stock, according to the company or their legal advisors.⚠️
Should Investors Be Concerned? Not necessarily, but context matters: - If the terms are market-based, and the offtake covers 100% of production, it's still a valid de-risking milestone. -Disclosure may have enhanced credibility, especially if the offtaker were a well-known entity (e.g., Glencore, Trafigura, Mercuria).
Summary The offtaker likely declined public naming to protect commercial confidentiality, avoid regulatory complexity, or simply because the deal is immaterial to them. This is not unusual.
AAU Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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