Not sure if it was 12 or 13 years,but latest drilling will lead to over 20years, As to offtakes it has to be a binding one with upper and lower $ price and volumes, I suspect TMT will target both steel and high end users due to 99.7% product. I would not be surprised if they had already non-binding MOU from those that have recieved samples,that could possible include a Win Win type very similar to the other Gabba,
One important bit is many samples have been distributed which puts them ahead of the pack, On prices it will be a negotiated one ,probably related to spot price but I doubt completely tied to it.
TMT Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held