It's not even 2 weeks ago that the price was above 50 so slightly presumptuous to think china will just renegotiate the contract based on 2 weeks. I think it's more about guaranteeing supply for them. What's to stop paladin now that they have renegotiated their debt position saying no if the Chinese do try that and keep the non refundable deposit? Especially now costs are going down? Clearly pdn's borrowers believe there'll be an upside or they wouldn't have changed the repayment options.
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