That's an interesting question. How can AGY/ATL negotiate an offtake agreement "in good faith" when there is no production available for the offtake, and there won't be for probably a decade or more, if ever? I wonder if this means that ATL can now withdraw its agreement to a 12-month standstill on its shares? It's likely that there is a clause in the agreement allowing this, which means they might soon be dumping another 51 million shares into the market.
Why would they hold on now?
That's an interesting question. How can AGY/ATL negotiate an...
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