I’m not sure how to take this post, if your taking the pi** or just have not read the ANN’s. Either way, your confusing people and a genuine conversation.
Are you aware the funding in total is say $1.6B and the offer from Euler is 600M USD (convert to AUD)so circa 60%, and the offtake is only 520T pa (progressive increase to this volume over five years until it reaches 520T pa), so circa 11% of our entire product produced-not much at all.
This has been my point, it by far exceeds what is normal. Hence the idea I’m suggesting their is either more German offtake to come, or serious allowance for German industry to progress REO to metal or product. There has to be an angle? Once we understand this, we may begin to understand the delay, and by who?
Offtake/Finance wrap up, page-14
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