Ann: Binding offtake agreement signed with LG Energy Solution, page-352

Lower cost Indonesia, where LG has recently made agreements? Surely $0 for its deal with AUZ and almost $10,000,000,000 down for a deal in Indonesia means that AUZ is in the driver’s seat? I’d say wrong and wrong again.

Lower cost Indonesia is very clearly where LG is determined to outlay money.

https://www.techinasia.com/lg-signs-98b-deal-produce-ev-batteries-indonesia#!

We all look forward to this being completely misconstrued or outright insult to be made in reply.


Surely LG will risk losing the confidence of its shareholders by misleading* them and surely they’ve built a multi billion dollar company by taking the more expensive route in their deals? I’d say not.

Surely they’ll risk undermining confidence in their newly
born multi billion dollar battery unit spin off by lying* about what they are willing to buy from AUZ? I’d say not.

https://www.electrive.com/2020/12/02/lg-chem-completes-battery-spin-off/

Funny to see so many invested in a company, AUZ, who’s own announcements they don’t believe... the poor thing’s not even 72 hrs old yet!

’buy, held... because I don’t believe what these guys say’?

An interesting position.

*to believe that one must not believe this announcement by AUZ & LG. Are such posters accusing LG of lying or that they are bereft of foresight or are unable to follow a path they themselves have set.

An astounding position!