A40 price action, page-298

Relying on 1 offtake is just as risky as relying on 1,2,3,4 or 5 offtakes, it's honestly not working out great for AJM and PLS so far having more, if one drops the ball your still up sheet creek.

Both of them and GXY all came into Jan with stock piles and despite all these offtakes, they are just adding to them.

I think A40 are actually in the best spot not having a 100% offtake, A40 is not reliant upon the generosity of chinese offtake partners to order concentrate and having leverage it's working out for us.

I am not bothered if offtake comes or it doesn't we have the best spod product on the market bar green bushes and we are free to sell it to whom ever we like, an offtake is a selling restriction we have no restrictions right now.