So an agreement whereby SQM are entitled to 25% of lithium product at competitive rates. Something we can take to the bank and apply for finance with. This agreement looks great we are using the cash to drill and also selll a quarter of our product to them. Whats good for Azure is good for SQM because they are a major shareholder win/win.
A quarter of a lithium mine will pay a few loan payments.
As majors they wouldn't want SP diluted, certainly not given away cheap.![]()
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