Crux Interview Feb 2023, page-17

  1. 545 Posts.
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    Bayhunter I think what Ddog157 is getting at is we have no binding contracts for Caesium and Rubidium, if we can't get a straight answer on what the potential buyers are prepared to pay, then how does a strategic partner confidently lend money to us.

    The Caesium and Rubidium offtake is essential for our overall profitability, along with the Lithium. Although we have a binding contract with Traxy's it is to sell lithium to an end user, we don't have any lithium yet, we need finance to make it, so if there are interested buyers out there, they aren't interested in stumping up any cash to build a plant possibly because, back to square one, we don't have a clue what we can get for our Caesium and Rubidium, so we don't know if we will really be very profitable, or we can't give much assurance of profitability as yet.

    There are other metallurgical process's breathing down our neck, if finance doesn't happen soon LMax and LOHMax will be NOMax
 
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