It's basically insurance to guarantee a floor price up to June 2015. As has been stated this should have been done years ago when we had higher prices and buckets of cash in the bank.
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CC9 Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings
Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back