so how can an offtake agreement be binding when the chinese policy may ban shenghe from importing the ore. shenghe would walk away from this agreement , no matter how tight this would be in legal terms, end of the day this is a commodity that isn't commonly processed so either chinese want it, or someone else will take it and the ramifications of breaking the agreement in regards to the current state of play with the scheme purchase as well as the western governments need for their own supply i don't see this as reputational damage to the company or whom ever puts in a counter offer and succeeds.
PEK Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
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