I very much doubt that this term sheet extension has a whole lot to do with ONLY 110k mt of Spod supply over a 3/4 year period and if it is I will be extremely surprised ,much more to it all than this imo and can’t wait to find out. Maybe Tesla have requested a much broader LOM / resource before it dives in the deep end and CXO management have replied along the lines of just give us a couple of months and we will do a bit of show and tell.
Ann: Core and Tesla Extend Offtake Term Sheet, page-72
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