AUZ 0.00% 1.0¢ australian mines limited

Ann: Binding offtake agreement signed with LG Energy Solution, page-63

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  1. 6,522 Posts.
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    The key to what you have extracted from the Ann is that they will 'move swiftly to FINALISE agreements with a range of financing partners'

    Not move swiftly to source and discuss financing partners.


    I do still have two concerns. Big ones.
    They said all along the next off take would include financing of the mine......
    Secondly LG has stated a figure of $1.5 billion (which is obviously for 6 years).

    So all of the revenue in the first 6 years will be used to repay financiers.
 
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