Can you elaborate on what "theyre aligned with OP" and "in the bag" means?
For examples
1. Have they signed a funding agreement with OP.
2. If not when will funding me made available, how progressed is it, this directly impacts construction and ultimately existance of said plant
3. If Authium fails to secure funding on sensible terms what happens then? There is no cp in the offtake that speaks to this but presumably that is implied, similar to glencore deal which was meant to come with prepayment, no need to recap how that turned out
4. If funding is secured in line with p/e type risk+return, is that cost built into the processing charge, how does authium service that obligation and does it fall back on galan via the offtake + processing charges
5. Who is ocean partners, p/e, trader, etc? Why would they not skin authium given the opportunity? What's in it for them?
Feels like passing the hot potato around. We can't get funding so we'll offload that onto a company with fewer assets of value and material tech risk
Aimo
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