Couldn't take much longer. If things go as planned with the OTAs (June-August), then the first signed OTA(s) should, based on the samples checked by the respective Western customers, come in every day.
ASX Announcement - 28 May 2024 - Update on the Kanyika Niobium Project
"Strategically, the Company has decided to focus on Western principal (OEM) refined products offtake and has finalised a “target list” of strategic off-takers. Discussions regarding the long-term offtake of its main high-purity products (Niobium, Tantalum, and Zirconium) are progressing well.
Paul Smith, Globe’s CEO commented: “It is fantastic to see how well our Kanyika Project has been received by the Government of Malawi, shareholders, and funding institutions. Our Project has taken a material leap forward in its journey into development and eventually production. I would suggest that the Project is being materially de-risked from a funding perspective, which paves the way forward for the Project in many respects. I must thank the Government of Malawi and our exceptional board and management team, for bringing the Project to this exciting point in its journey into development. We look forward to making some really exciting announcements shortly in terms of our refining pilot plant and of course the finalisation of funding commitments, currently under discussion.”
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