offtake agreement and realistic price target

Others will know better than me, but i would have thought with an estimated construction start date (subject to regulatory approval, finance etc)of mid 2011 we would need an offtake partner by December this year or January 2011 at the latest. This will obviously involve a substantial placement of shares to raise equity. The pricing of that placement will obviously have a very strong influence on the share price. I just hope the cornerstone investor/offtake partner is encouraged to also buy on market , to tighten the share register.