re: Ann: Notice of Annual General Meeting/Pro... The principal terms of the Amended and Restated Offtake Agreement are described in Schedule 1. They are essentially the same as the terms of the Existing Offtake Agreement, save for a reduction in the level of discount to the LME daily cash settlement price in calculating the nickel price
4% -> 3.5%
5 year contract extend-able to 10.
This reduction in discount is estimated to benefit Minara by approximately US$2 million per annum.
re: Ann: Notice of Annual General Meeting/Pro... The principal...
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