That was my intuition : a gentlemen agreement : if you reject the approval of the loan (which practically they did because of the uncertainty of the demand/pricing of hpa) never tell us that explicitly (so not to shock / break the hearts of our shareholders) until we find a new financing solution or maybe we could ONE DAY satisfy your requirements (a binding take or pay off-take agreement).
the question though remains if the demand is there and prices of hpa are increasing then why atc is unable/struggling to sign a binding take or pay offtake agreement ? Why end users refuse that ? If end users believe that prices will increase in the near future and that the supply will tighten then you would assume that its in their best interest to secure a binding offtake agreement with atc.
could someone with contacts with iggy asks him directly this question please ? Thanks for any help.
Option for site in Saxony, page-69
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