I emailed Justin in regards to a couple of queries in relation...

I emailed Justin in regards to a couple of queries in relation to Funding, (namely the DoE aspect) and further Off takes.
I wasn't requesting anything market sensitive of course, simply what's on the table. The response was quick and provided some promising info,

With regards to the US DoE funding in Louisiana that's being developed with offtake and finance support from General Motors and Stellantis. The DoE provides two avenues for funding of a project of this type, namely grant funding under the MESC programme and concessional loan funding under the ATVM programme. Both of these options are on the table and are possible outcomes being worked on/developed.

For the Butcherbird Stage 2 expansion, the funding is being sourced locally via a number of traditional project financing avenues as well as offtake related funding (prepay and royalty style instruments) as well as potentially involvement from NAIF. The NAIF involvement would indicate the news late last week with Butcherbird/E25 project being added to the Critical Minerals List by the Government for it HPMSM product is also in the works. See below.

When asking about whether a third offtake partner is on the cards, the answer was a straight yes. They are still very much in discussions with a number of potential offtake partners for the balance of material not committed to Stellantis and GM.

All in all am satisfied with the response. Its a horrid time across the ASX for resource Juniors not just those in Lithium and battery related projects. My portfolio resembles more or less a blood bath (except my uranium plays). Shorts are having a field day and as posted the other day E25 has had its shorting pickup again as of early January. Little comfort i know but at least we are still very much on track imo.