The way they explained it (and it took a great deal of time for the deal) was that the whole supply chain group were getting together to make a deal where longevity of supply was the main game.
There is no point setting up a new supply chain (ex China) and for one part of the chain to fail because of the pricing deal.
I am hoping Scott sets up a similar well thought out deal with their partners. They have to have margin whatever the market prices are.
Obviously if nobody wants their product that is a different thing but these type of deals would usually be for a set amount of offtake which would easily cover costs. If they can't get that type of deal why would they build a refinery?
Media, page-2340
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