The argument for the first 113 kt going to PLL is that it guarantees that the deal is fulfilled. The output won’t exceed 226 and may be 180 at best ant least initially. If they started giving a proportion to PLL from the start and there were unforeseen circumstances which lowered production in the latter part of the year they could get caught short. BL stated initially that the first 113 kt would go to PLL before backtracking potentially as he noticed shareholders getting restless. It should be clarified soon as well as questions regarding the refinery. The key in my inexperienced opinion is Moblan. I’m not that excited by the NAL updates. My feeling is that they will give us some drilling results for Moblan soon and then clarification on other issues. Just my opinion of course.
The argument for the first 113 kt going to PLL is that it...
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