Most of all the biggest takeout IMO is the joint venture...

Most of all the biggest takeout IMO is the joint venture partners waiting in the wings through this long protracted process....also the profitability of the OFFTAKE IMO was questionable the longer this went on...however IMO offers on the table are suggesting the 7 supply agreements at 1% cobalt is much loved by the Chinese and Europeans and likely terms struck meeting profitability matrix for WFE for the only caveat being the acquisition completion....