Don’t think anyone is surprised by this. Not sure it will negatively impact the current SP to be honest. This ann was already well priced in. The minor positives appear to be a) QLD government is Seemingly prepared to maintain support past the deadline b) they have NDAs in place with potential off take partners.
I don’t think they’re blaming the Tesla delay I think they’re admitting the composition of the batteries has shifted somewhat in recent times so determining the pricing mechanism for offtake partners Is holding things up somewhat. I might be naive but I think that’s pretty understandable.
Something about this announcement feels less fluffy. It’s more up front and honest than anything from the SK days.
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Don’t think anyone is surprised by this. Not sure it will...
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