That's a pretty solid sales foundation with binding take or pay provisions. Together with volume & price that speaks to me about the quality of Uley graphite, something we can suspect anecdotally, but yet to see any hard data on.
For the moment we'll have to run with the theory the "customer is always right" but did not in the CR docs there was a $1.6M provision for "Drilling assay and metallurgy program" so I guess they'll get around to it sooner or later.
VXL Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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