Ann: Offtake Memorandum of Understanding with LG Chem, page-6

Remembering that LG Chem are providing batteries to VW:

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Great counterparty to sign up with for half of KDR's volume.

Lack of prepayments is disappointing. This package with the traditional debt financiers would want to be amazing, because prepayments are typically interest free. Hard to beat a free loan.

Anyway, we'll see. Certainly can't complain about the quality of counterparties. Very impressive.

Cheers