Auz management don't read the forum. I know that much. They stopped looking years back as it drove them crazy. I'd guess that's why Twitter was stopped also.
My guess here. Auz won't let LG buy in.
The price SKI were to pay for 19.9% would have helped.
19.9% now just won't do anything.
It would have meant an $80 mil cash injection back then. Now it would be a 6th of that. It gets us nowhere.
My only thought of an LG financial contribution is this.
Auz get say $1 bil financing.
Naïf hand over $100 mil.
And LG agree to provide the rest of the funding in lieu of materials to be delivered.
That's as close as I can see it.
And I can't see that happening.
Ann: Binding offtake agreement signed with LG Energy Solution, page-368
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