Ann: Offtake Heads of Agreement signed with Daelim, page-25

They are clearly within the timelines they outlined in their recent presentation, with offtakes being signed off (binding) around the time FID completed.




Let’s also remember that this isn’t just a HOA with a random entity, making empty promises. This involves our CURRENT PARTNER.
Our partner who has a massive financial incentive to get this project up and running.
Our partner, who has already begun work on the LCUP.
Out partner, who according to the recent interview with JP, is looking to expand their project portfolio with LCK (which makes the jaw drop).

This was a phenomenal Announcment, and it will just get better. Another tick towards shareholders being rewarded for their patience.

- They won’t produce commercial gas … PCD SUCCESFUL
- They won’t get a production licence …. PPL GRANTED
- They won’t find a partner …. DAELIM ONBOARD
-They won’t get offtakes, finance, etc etc ….

See a pattern ?

Throw in gas prices going through the roof, along with UREA prices (with our input costs remaining unchanged) …


All IMO


Cheyne