Well put mate. Im not sure if people are understanding the long term benefit of delaying binding off-takes until there is a supply deficit and graphite/AAM prices increase.
Simply put;
Company A wants to buy 10 tonnes of AAM from TLG at $1/tonne = $10
12 months later after increase in graphite/AAM materials
Compay A wants to buy 10 tonnes of AAM from TLG at $1.50/tonne = $15
thats a 50% increase in revenue for TLG with a simple delay in signing binding off-takes all the while demand will be increasing. I am also very keen to see JV deal and will be disappointed if delayed once again, and I also want to see binding off-takes but I realise there may be benefits to waiting.
everyone wants everything now, now , now. they say good things come to those who wait (hopefully), but all will unfold in the next couple of years. Im sure we will continue to keep a close eye on what is happening.
some constructive conversation goes a lot further on here than everyone hassling each other. we all want the same thing here.
cheers
TLG Price at posting:
$1.99 Sentiment: Buy Disclosure: Held
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