Ann: Restructure of Lithium Offtake Agreements, page-48

Honestly I am surprised that burwill didn't ask for more, they had us in a tough spot their eyes were way too big for their belly and they had options over everything.

200ktpa was the deal they are nearly 12 month commissioning their project and 80kt for 2019 is all they can handle less than half, thats alot lower than I thought, I expected atleast they would need 120kt, if they kept stalling and dragging we would have drowned in concentrate.

Next offtake I think aside from pricing we need to go for something bigger need to think bigger like PLS get equity stake in something down stream, thats the true future for these companies, go down stream or you will get murdered on costs inevitably by those who do.