I suspect the SP will hover around here until the terms of the binding investment agreement are known.
I note that the last announcement anticipated that offtake commitment will be made and as such I expect the BIA to include details of the phase 2 investment also, beyond the initial $14m. Phase two will likely be conditional on debt finance terms.
May 2021 seems awfully aggressive to be shipping product. 6 months for completion of module 1? Seems optimistic.
Re comments "Heavy duty DFS continuing" does this mean they are further enhancing the DFS based on POSCO testwork and DD?
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