During the quarter, work was progressed on securing an offtake agreement over 40% by value of the annual Clean Premium Diesel expected to be produced by the Clinton Project as well as for by-products. Clean Premium Diesel discussions are continuing.
The Company is in the process of formalising a sulphur offtake agreement with an ASX listed company covering all expected sulphur production from the Clinton Project.
I wonder who this ASX listed company is and if it will provide credibility or perhaps even an avenue for funding in the near to medium term if required?
Anyway.... obviously a long term hold rather than a trading stock here.
SYS Price at posting:
3.2¢ Sentiment: LT Buy Disclosure: Held