Heart palpitations on $25m offtake agreement with European automaker...probably Volkswagon
Broken record of misinformation..been through this merry-go-round before...
WFE Funding equation below-
Possible Payments (cash component)
- $7.15m aud for the plant
- $1.56m aud for the landholdings
- $5.85m aud for the plant readiness
Possible Receipts (cash component)
- $10m aud cap raise for ASXlisting
- $32m or more offtake...unknown
- Funding from Euripean partner..
unknown and probably part of LSE listing
- Funding from LSE Listing
**please note contrary to your claims the $5.5M is inclusive and within the overall $10M...Oz please refer to page 93 of the METS report under project budget
***this is all in IN MY OPINION..also for metric accuracy have included all numbers in aud
Also contrary to what you Oz and others stated WFE will be in a very strong position from a funding perspective if all works out the way they’ve indicated in their announcements.
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held