I don't understand all the negativity here. A week ago this thread was full of people basically convinced that the suspension was going to be due to permits being denied and possibly revoked for stage 1 even.
Instead we have a smiling happy picture with the government and a commercial agreement in support of export permits for the chloride strategy.
Yes there is a 7% royalty, and yes they seem to have made some commitment to sell locally first if possible. And yes there is a commitment to build a local refinery down the track. That is not the end of world at all.
It would be nice if they could have gotten away with only paying miniscule royalties and be granted a permit to export everything without any in country processing, and perhaps offshore all their taxes to another country, all for a tiny political donation. And maybe have the government through them some funding and subsidies to help them out further to make greater profits. But this is Argentina - not Australia.
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I don't understand all the negativity here. A week ago this...
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