hope there is BRR, good to hear how the level of optimism is going - must be very frustrating for them, so close to production but hanging on each months RP price for guidance - 120/T US is not profitable enough for long term contracts with trucking companies that will be required to get the fleet happening. It all rests on MAK proving that they can secure contracts well above this - one offtake from Ballance for example that shows the market in real terms what the low cadmium and lower shipping costs mean to MAKS fob price. either Morocco has to lift its baseline price or an offtake has to prove they are a premium to it.
Till then we wait.
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hope there is BRR, good to hear how the level of optimism is...
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