For those still not sure about shipments. Qrt1 15kt. Qrt2...

For those still not sure about shipments.
Qrt1 15kt.
Qrt2 45-50kt in 3×shipments.
The two halves have different pricing based on the agreements.

Qrt3 and qrt4 will the remainder of the years production. Ships of 22kt to 30kt will be used. The 30kt from qrt1 will be shipped in second half.

The customer asked for this. Historically the second half carry a higher price, the demand for chemicals is also higher.
The converters are all upgrading to match the stricter requirements. During this period they don't need lots of spod but after completion, they will, in the second half.

SDV process through JP Morgan has stopped. The negotiations in private with individuals are still going. SDV construction has commenced and continuing to progress even without a JV partner. The financial maybe a prepayment type agreement. There was no negatives from the announcements.
To say SDV is not progressing is wrong. All production of 180-210kt is sold through offtake by end of year.
JL must have been an advisor for a client in the JPmorgan process that has now stopped.