And also from the Burwill Announcement , under Definitions:
"
“Offtake Agreement(s)” BCL entered into the exclusive lithium concentrate offtake
agreements dated 20 April 2017 with Lithco, AMAL and
Tawana respectively "
It also does say in the body of the Announcement , that "
BCL has made an initial advance payment of AUD7,500,000 (equivalent to approximately
HK$43,886,000) upon the signing of the Offtake Agreement to the Sellers ".
So it will come as a real surprise , if the TAW announcement alludes to something different .
Cheers
TAW Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held