GRaphite space continues to Be uninvestable with deals and terms like this.
“Either party may terminate the Offtake Agreement by the giving of 60 days written notice to the other party.
The Offtake Agreement and the obligation to deliver product is subject to Black Rock completing construction of the Mahenge mine and associated infrastructure, and commencement of operation of the Mahenge mine in Tanzania.”
Until offtakes start involving large pre payements this space is going nowhere.
The only one that has made it to production is SYR (Maybe BSM) and it is getting new lows every week.
*should be not held, sold my options quite a while ago.
