Refer to off take agreement 2 May 2019
The price is based on Platts FE 62% index adjusted for content and grade. So each shipment would be adjusted for that variable price movement to the Platts FE index, espeically with regards to demand from China influencing the price.
Yes off take is for the full mine life and anything is cream on top of the USD90/Tonne profit but how much cream is dependent on the FE prices and where they sit between now and the end in 21 months time.
Tin glorious tin, page-281
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