According to the competitor: that the successful production of HPA in the pilot plant would significantly reduce the project risk.Apparently, potential off-take partners are already waiting for larger samples.According to Hill, the pilot plant is expected to produce around one kilogram of HPA per day.
The pilot plant can thus be regarded as a kind of door opener for off-take contracts.Off-take contracts for their part are the door opener for financing the project.
Pilot plant + off-take contracts + financing could be processed in parallel in the background.
ATC Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
