No doubt the prospective customer referred in the recent Quarterly is BASF SE.
German business have been seriously impacted with pandemic restrictions, I have been working with German supplier lately and seeing schedule impact in their delivery too. But, they are getting there eventually
There have been very open and clear indications in previous Anns referring to BASF as the one Lepidico rely on and co-operating closely for offtake aggreement, eg;
“Lepidico Limited and Desert Lion Energy to Merge . The Transaction will combine two companies with highly complementary assets to create an integrated lithium business which has: ... and - Desert Lion's non-binding offtake agreement for lithium hydroxide with chemicals and materials multination corporation BASF SE.” - extract from LPD -Desert Line merger ann.
Recent Quarterly:“Lepidico has been advised by one prospective customer that its analysis of a lithium hydroxide monohydrate sample provided in 2020 should be completed in early 2021, allowing offtake discussions to advance. It is understood that the analysis process was disrupted by the ongoing pandemic.”
Early 2021 shall mean February if it wasnt January. Fingers crossed- will be holding and waiting here as it may come any day and then needless to say what will happen
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