Like most shareholders I was disappointed with the lack of detail with this announcement.
However, from my research I believe that a binding offtake will be formalised within 2/3 weeks and involve a 2 year upfront contract payment. If this comes to fruition, it will provide a huge boost to project financing and quieten a lot of sceptics.
This is my first post here , so I thought I would make it a good one.
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- Ann: Project Financing and Offtake MOU Signed with ROSATOM
Ann: Project Financing and Offtake MOU Signed with ROSATOM, page-109
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