Correct,no long term supply agreement.Does that mean other agreements are not possible?No!There could be some equity agreements,Bao finances X # of dollars towards the construction(completion)of the Naz mine,in return for a % of profits.This would expedite the completion of the mine,and (any other mining projects??)significantly decreae the time frame for faster growth,while giving Bao the much needed investment in a mining operation outside of the big three.