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big buyers entering the market, page-215

  1. 1,280 Posts.
    lightbulb Created with Sketch. 1261
    Fits into the theories we've had for about a year now. All falling into place nicely. @R08. Some of those dots are starting to line up old mate.

    Offtake arrangements to settle through Mitsubishi Corp.

    Conversion Arrangements
    Galaxy has also agreed for a portion of the Mt Cattlin lithium concentrate sold under the offtake agreements to be converted on Galaxy’s
    behalf into lithium carbonate and or lithium hydroxide. Detailed agreements evidencing these arrangements will be prepared in early 2018.
    This will allow Galaxy to commence selling its own lithium chemical products into the end-user market, which is currently exhibiting a robust
    demand and pricing environment.

    There is a lot being said within that paragraph above.
    Last edited by Welsho54: 29/11/17
 
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