Our neighbour with an inferior product compared to WKT's has just signed a binding off-take agreement which makes our stuff even more likely to get snapped up quick.
The important part of the agreement is that it's for a 98% TGC concentrate with no specified flake size as well as the agreed priced being over USD$1,684/t which was used by VRC (WKT used USD$1,687/t in their DFS).
Means that with our Super Jumbo product we should easily get off-takes and it also means that we should get a price that is better than the one used in our DFS - meaning an even better WKT NPV.
Cheers,
GB.
Ann: Lindi Jumbo Definitive Feasibility Study, page-358
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