Maybe they are looking at that as part of the finance. We will soon know. The downside of a large miner as a substantial holder is that there is a risk of ultimate takeover. These guys want to build this into a mid-tier powerhouse, not make a quick buck on a takeover imo. In fact, they lost out big time personally when Finders got taken over just as it was hitting its straps.
Funding the restart on our terms is in our best interests anyway. Don't have to kowtow to anyone that way.
Re offtake agreements, not sure about having to be so ahead of the game on that front. After all, we are not going to be selling concentrate to a small pool of smelter operators or concentrate dealers. Cu plate is readily sold into the Asian market no problems - just shove it onto the ship and its there directly to customers. Simple. And remembering these guys have operated in that market for years so they know the lie of the land there.
Cheers
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