Hi Eddy,
The goal posts have already moved. There is currently 100% supply of RE coming from China to the EU. This has been mandated that 35% must now be supplied ex-China.
So, you can see the disdain we have for our management that have not leveraged off this information, and mandated an offtake and equity partner be announced to the ASX.
Also recall the US, also has 25% tariffs on RE pricing by the time we are in production, so again meaning our pricing can be 25% higher.
So, there is huge momentum shift, just a slack management that cannot or will not (due to their remuneration package) get the equity/final offtake announced.
Poor form really…
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