“seeking partners” yes lol as warned. Now with 100% offtake gone to LGES for $0 upfront where’s the incentive for another partner to come in and provide a massive equity transaction in the order of $500m into the project? That’s right, there’s now zero incentive.
Case in point you don’t give away your offtake for $0 upfront.
Hence why it is now valued at $15m.
hopefully the ship can be turned around for the shareholders here and a proper ‘partner’ willing to do the heavy lifting, found.
Ann: Investor presentation, page-388
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