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20:38
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Originally posted by mondyinvest:
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Hi all,actually getting into production. Until that happens they’re just promises on paper. Don’t get me wrong - they will be hugely helpful/important when Vulcan are past the DFS stage and having serious conversations with funding partners. But right now, Vulcan could sign another 10 of these agreements but none of them move the company any closer to production than they are now.
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This isn’t just ‘another offtake‘ being announced here (and in any event, an offtake isn’t some sort of casual run of the mill thing involving no due diligence conducted by the buyer on the supplier, the sample product and the process. These are all buyers of reputational significance). fully booked . There is now every incentive to “actually” get into production. And they will.
(20min delay)