You don't want to post that article on this forum, from the post:
All of the so called offtakes described today do not achieved millions in up front capital, have multiple escape clauses, and the specific graphite project has to reach commercial production before any further commercial qualifications or supply discussions will take place. No bank, private debt institution ,or financier will ever consider any funding on the modified offtakes (MOU's) taunted by the many projects today. To my knowledge, there has not been one successful project financing through debt for any new project to date.
More than 60% of WKT's SP appreciation was from "binding"( lol joke) offtake agreements.
Potential Upside of WKT - Expandable Graphite, page-1841
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $17.10K | 156.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 129065 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 66431 | 2 |
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