Tin tops Rio’s demand list for battery metals, page-635

firstly it says that DGR can't own more than 25% of the company due to ASX rules requiring a shareholder vote... effectively this would be almost a controlling interest, so the ASX said just check with us first. However, as things change, due to dilution, convertible notes, etc... then that % may not be the magic number anymore.... hence the "please check with us" if and when it occurs.

Secondly, the offtake deal is two years of production material. I.e a "two year off-take deal" meaning every scrap that comes out of granville for two years of the first shipment has to go to traxys.

there is no jorc for granville as they don't intend for it to live that long, maybe 2-3 years (however they are looking are expanding to 7-9 years with the northern pit).. harvest the goodies take the cash and explore Central H and the northern extension as well as get taronga up and running. so take 12-15 million out of granville 2, keep the processing plant in place and then expand.

@moorpett maybe before jumping in head first down ramping because you bought in and sold out too early take a moment to understand the actual plan you are trying to shoot down. 10 minutes or reading or a 2 minute phonecall would have save us all the time it took to read through your garbarge.