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Also typically when a mine is bought out - all the existing...

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Buggo90

861 Posts.

631

08/09/23

15:44

Post #: 69788269
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Originally posted by unicrumba: ↑

A few things to sort out, but I would say that once DOCA is officially terminated, and at this point I can't see it not being terminated next week, then I can't see how the offtake can stand, it was entered into by a party that had not officially got approval to take over A40, the illegalities within that offtake put aside...so I would think, in quick succession and not seeing a reason it can't be done next week:

* Terminate DOCA
* Which then in theory will make the offtake Void
* This then allows bids to be placed knowing what the terms are and setting a final hearing.

It can't go on for months...the FIRB was the crucial point...DOCA needs to be canceled and I am surprised it is still allowed to operate and ship Li

All IMO

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Also typically when a mine is bought out - all the existing offtakes are null and void.

Hence when PLS took over Altura they were able to allocate 100% of its tonnages to the BMX exchange.

A40 Price at posting: 8.2¢ Sentiment: None Disclosure: Held
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