Ann: Ardmore Project - Extension Fee Update, page-18

  1. 19,066 Posts.
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    I see this as only a positive.

    Contractually they must pay $2m

    They're disputing it & into resolution (obviously for an amount less than $2m)

    There is no possibility they'll pay more than $2m imo as thats what they're contractually obliged to pay, for which they're disputing.

    imo today is flippers from the CR leaving the building

    Take nothing away, The Samsung Offtake for their Phosphate Project was a game changer

    Tesla is also moving towards Lithium-Iron-Phosphate batteries; so Phosphate demand imo is about to explode

    https://www.cnbc.com/2021/10/20/tesla-switching-to-lfp-batteries-in-all-standard-range-cars.html
    Last edited by Wise_One: 03/11/21
 
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