As per Odes based on KP 49 minutes the conversion process is not going to be SYA,s total saviour!
we would sell the material into the jointly-owned chemical plant. But the offtake agreement itself would remain in place. So that's, that's a life of mine offtake.
In other words they buy 50% for $900 from NAL for life of mine with no consideration to inflation and are then required to sell it back to NAL presumably at market price i.e.circa at the moment $1200.
Whisky, as far as knowing the full details of this contract, the full details of the contract were not always known i.e. contract for life of mine as per above!
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