Forgive me, whilst I am an eager holder of PEK (currently more...

Forgive me, whilst I am an eager holder of PEK (currently more than 14 years), I am unskilled in RE mining - at least to the point of interpreting this offer - but wish to pose some questions.

1. We HAVE to give Shenghe ALL of our production (concentrate/slurry?) for a minimum proposed 7 years - with further options. I get that fact - but is this good value for PEK & SH? Does this allow us to build up suitable funds to develop our own refinery and sell the the world?
2. Are there any poisons in this offer we need to be wary of?
3. Given this snippy;
*The Proposed Offtake Agreement also contemplates entering into subsequentofftake agreements in respect to a
minimum of 50% of any intermediate rare earthproducts (such as a future Mixed Rare Earth Carbonate) or final
separated rareearth oxides from the Ngualla Project"
- is this meaning that Shenghe gets first refusal any value-add we produce down the track?
4. What is the status of all the other "good stuff" in our mining lease? Are we still free to pursue other markets?
5. Is this good for PEK, us, ME?