I dont take any notice of binding offtake agreements, because they have that many clauses in them, and both companies can get out of them. Just because you have a binding agreement doesn't mean a company has to take up all the graphite that is agreed too. It's all demand based You only need to look at syr to see that. Mns had two big binding offtake and they where ripped up, and both parties walked away. Binding offtakes dont get you finance, there would be a 100 mines up and running by now. Offtakes give companies partners to one day sell too if there is demand
Your getting sucked in too easy
Potential Upside of WKT - Expandable Graphite, page-2054
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