The room is starting to fill up with MoU parties with one thing in common. They are all non-committal, as the MoUs are non-binding. In any event, I imagine it would be very difficult to get all these parties on the same page, cooperating together, for competitive reasons. It would be like trying to herd cats. How often does corporate polygamy work in practice anyway? Maybe there is the start of the answer with the withdrawal of Luossavaara-Kiirunavaraa Aktiebolag (“LKAB”) from the tripartite LOI between that company, Talga and Mitsui, announced last November.
While the saga of announcements and progress towards an anode production facility is interesting for what it reveals, both in how the story has been crafted and what it actually discloses, the real question that remains unanswered is just how good the anodes are expected to be. What are the technical specifications? How is the issue of expanding and contracting silicon anodes being addressed? What are the First Charge Efficiency figures and the numbers cycles that have been achieved? Does the Company have these figures and is not choosing to release them, for either commercial competitiveness or is it just avoiding scrutiny by analysts? There seems to be more questions than answers.
TLG Price at posting:
$1.31 Sentiment: None Disclosure: Held
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