VRC volt resources limited

Volt graphite min 36000 tpa to max 51000 tpa for Stage1 (indicative commitments) -Proactive investors, page-74

  1. 223 Posts.
    I think you may be getting a little ahead of yourself. The "agreements" as you describe are MOU's and subject to various hurdles including sample testwork, mining license and negotiating the legal terms of a binding offtake (if indeed it gets that far). Volt also needs to complete a scoping study and find a way to pay for all of the above.

    It's interesting that Volt felt the need to arrange these recent MOU's before announcing that the stage 1 strategy was covered. What happened to the 100ktpa that SH signed up 18 months ago? Surely that covered off the stage 1 plans. Are those MOU's no longer reliable?
 
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