"Ganfeng has agreed to enter into an offtake agreement for up to 100% of spodumene concentrate product produced at Goulamina across the life of mine."
This will sound silly, but just to get it clear in my head, there is no future revenue for FFX from the sale of Li concentrate for the entire life of the mine at Goulamina because everything is paid for upfront as part of the JV agreement. Is that correct? Thanks.
FFX Price at posting:
59.0¢ Sentiment: None Disclosure: Not Held