Not withstanding the requirement to publish price sensitive information, I was wondering whether this ROFR with MIN may hold up "finalising" the next BOA just to see where this first BOA ends up.
Though unlikely, if MIN did take match the first BOA and say GLC still wants the same, then the spare production available is 20% between the other MOA's. (We're not sure if the 45 days has even starting ticking yet).
Of course then PLS would have to seriously look at expanding the plant now and not later. Another reason to wait until MIN says yes or no. No reason for MIN to respond early during the 45 days either.
Next Revaluation, page-25
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