The $150m grant seems close, on top of todays report, Chris also stated it was close in an interview earlier this month.
I’m wondering if all the grant will still be directed into the next facility. The Q3 report suggests the company have other intentions. Be interested to see if this is part of the Operations update.
Has the current market, or furnace throughput increase, resulted in a re-think of scaling plans, or more recently Chinas graphite stance changed the goalposts.
“The Company remains in active discussions with the DOE Office of Manufacturing and Energy Supply Chains (MESC) regarding the scope and use of this grant funding.”
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12
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