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Ann: Binding Offtake Term Sheet with LG Energy Solution, page-19

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    lightbulb Created with Sketch. 847
    Back of napkin stuff, but at a 35% margin and a 5 to 6 multiple, this puts us at a 800m to 1bn market cap, assuming production is financed and not raised
    Last edited by McKhenry: 01/05/24
 
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