because people know JP is a pushover. This is probably how it went down.
JP: Hi brokers, we need some money soon for our phase1
Brokers: I reckon you do it now
JP: But we have no offtakes ,higj grade and low impurities
Brokers: Do it now because your dfs is going to get delayed and you fked it up anyway.
JP: yeah ok, $1.40 premium.
Broker: Nah you're going down to $0.90 due to your incompetence so how about $1.05
JP: ok done!
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