General comments/chat, page-23745

Its not opaque if you have binding contracts with revenue amounts locked in.

I know you own a lot of shares so have a big vested interest but .........

opaque - not able to be seen through; not transparent

From the ADN NR 10 June, 2021:

"The actual fixed contract price is not disclosed in this announcement at the request of the customer due to it being considered to be commercially sensitive information."

We know volume which is good transparency but we can only guess at price based on what JM has said previously. There's more to the contract than we know, lawyers make sure of that!

Opacity means we can't do meaningful calculations on likely NPV etc. Everyone just assumes the NPV will be bigger than the one in the PFS. I'm confident it will be, based on my guess, but that's all it is, a guess, because we do not know. Maybe the shorters know!