I have two comments two your post Oldcar.
- I assume, that Paddington will determine the first payment to BC8 (first part is to recover costs, but I take it as a payment in general) based on the data received from the first 14kt ore mined and later based on same other samples (so what grade, recovery etc they get from that "sample"). This process might be somehow overseen by BC8, so if they are not full cheaters, the risk is smaller. Based on this Paddington will pay BC8 on the ore processed. If locals know about Paddington's bad reputation, so will also the management of BC8 so hopefully they act accordingly and minimize this risk.
- Even if Paddington somehow cheats, this route is for BC8 just a temporary solution until they raise enough cash and build their own processing facility, so then it will be just about the real grade and recovery, which is mined. I assume that not later than in second half of 2026 they stand on their own feet with their own mill.
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