Ann: Binding offtake agreement signed with LG Energy Solution, page-305

This deal, if executed, will be on the terms listed in the apparently mysterious and unreadable ( to some ), announcement at the top of the thread.

No more emojis? Aww. Not able to show where I said what I never said but are trying to make appear real by doubling down & throwing in big words like unsubstantiated?

What part of: ‘LGES will purchase 71,000 dry metric tonnes of nickel and 7,000 dry metric tonnes of cobalt in the form of a mixed hydroxide precipitate (MHP).MHP is a nickel and cobalt-containing intermediate product produced at Sconi that can be used as a raw material input for lithium-ion battery production.

The execution of the Offtake Agreement is a major milestone for Australian Mines. The offtake quantities covered by the Offtake Agreement will account for 100% of the projected future production of Sconi’ End quote.

Or in very basic terms, ‘they want it all in MHP & that will account for all of our projected production’ is so hard to understand?

1 ‘all in MHP’ plus 1’will account for 100% or projected production’ = 2. Is it so hard? Or, like me, do you think the Board itself doubts this deal will come to fruition?


Here it is, with a pretty colour to help us zero in on the pertinent points:


Unless you think, like I do, that the Board doesn’t hold great faith in this coming off. Because if it does come true the PCAM thing can not be considered anymore as 100% means 100%

Which means 0% for any other avenue, at least from Sconi & the other projects? An emoji fan might understand lol and double lol.

Thanks for the painfully familiar ride on the straw man merry go round but until you can show where I said what I didn’t say, I’m off to look at the Ferris wheel.