Maybe Neometals and Mineral Resources might strike a deal there with the 51% of supply they appear to have the right to control from early 2020 via RIM?
Any Neometals investors here able to shed further light?
- Ganfeng entering into a long-term offtake for 100% of the spodumene produced from the Mt Marion Lithium Project at benchmarked market prices subject to an agreed price floor. Under the agreement, from year 4 onwards RIM reserves the right to take 51% of the total production if greater commercial benefit can be derived from such product (“Ganfeng Offtake”; and
- prudential corporate governance arrangements for RIM between Ganfeng and RIM’s existing shareholders with equal board representation for all shareholders.
@cory85?
http://www.neometals.com.au/mobile/announce-blog-m.php?id=905&projpg=meeka
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