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The agreement further grants Renascor the right to acquire an option to purchase the land, with the price to be set following an independent appraisal next year."
This sounds a little risky to me. I would have thought the better option would be to have a predetermined price set today to factor in the risk of the project. An independent appraisal factoring in a proven up resource may turn out to be considerably more expensive in 12months time.
Ann: Siviour Landowner Accord, page-2
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