Hoots,
You ask: "And still the flag waivers have " No Comment " how can Sino get 100% of the offtake when only 40% is available ???"
I'm guessing that the long-agreed 60% off-take to OW relates to CDU final long-term product that is the output of the Processing plant (i.e. flotation enriched sulphide concentrate).
And maybe the recently announced off-take agreement with Sinosteel for 3mT per annum (see pictorial update of Sept 13) will turn out to be 3mT of DSO (in the short term) at some, as yet, unspecified grade (perhaps 20% if all chalcosite, perhaps a little more if high in NCu).
It would help if CDU was a little more explicit wouldn't it? Then again, if they were more explicit, we wouldn't have so much to worry about (& argue about) would we?
Cheers, Gung
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Hoots,You ask: "And still the flag waivers have " No Comment "...
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