I'm no lawyer, but the terms of the original Sayona Piedmont contract for the purchase of NAL would have, should have, been done in "Good Faith".
Delaying the construction of a chemical plant, so Piedmont can prolong its 50% Offtake Agreement with Sayona as long as possible would not be done in "Good Faith". And there's the matter of the agreement with the Canadian Govt that we would be going to chemical production downstream in a few years.
This is Australian commercial law but see the couple of samples below explaining the meaning of "Acting in Good Faith" when entering into a contract with another.....
GLTAH
I'm no lawyer, but the terms of the original Sayona Piedmont...
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