Ann: Talga and ACC graphite anode offtake update, page-48

The phrasing 'no guarantee' is quite ambiguous.

If Talga genuinely didn't think that the binding off-take was going to be signed then this whole announcement would have been worded differently in my opinion but in the same token the part that says 'no guarantee the documentation will be finalised' sounds ominous because it's open ended.

I'd like to think it just innocently means - the negotiations have been agreed but the terms weren't penned fast enough , a realistic time frame will be provided in due course - Talga can't 'officially' make the announcement to the market without breaking any ASX rules also noting coordinating the the announcement to the market together with ACC might be necessary.

But it can also mean , we've done our negotiating , the ball is in ACC's court and there are no guarantees that it will be finalized and you'll hear about it soon.