I can't believe some posters are still trying to paint this as a negative..
Yes - The last offtake agreement wasn't great but AUZ have clearly learnt from their mistakes. One condition precedent and a long lead time to minimize extensions (of course this condition is required, As mentioned before - No finance, no mine).
No - There is no money down from the offtake partner but remember, This is a BINDING offtake agreement, LG can't just back out for any reason, If AUZ can obtain finance they are good to go.
The fact that a company of AUZ's size could sign an agreement of this nature with LG is huge and is one big step in the right direction, Certainly a lot better than the last 2 years of updates.
Ann: Binding offtake agreement signed with LG Energy Solution, page-48
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