Maybe Galan is too scared to take the offtake agreement away...

Maybe Galan is too scared to take the offtake agreement away from Glencore because they were the only ones interested in buying the product. That's why they didn't link it to successful funding, as they wouldn't be able to sell it.

It is even worse now: after cornering themself like they did, there is probably no one else in Argentina who wants the product. For one thing, it is very unlikely the company survives (at least in its current form), so they wouldnt get any product at all, but also they just have to wait for Galan to go belly up (couple of month?) and scoop it all up for peanuts.

And please don'tkid yourself, no one from overseas is bying this phase 1 product .... because ... despite the repeated misleading statements by JP himself ("we are allowed to sell overseas"), the company does NOT have a licence to do so. A MOU is signed but NO export licence has been granted at this stage. How JP can go around and say they can export without being made leagally liable is beyond me.

I mean seriously, who would believe a word coming out of his mouth? All he has been doing is feeding the market smoke and mirrors. I can't wait for him to resign.