Ann: Stellantis Offtake Agreement & $15million Equity Investment, page-3

Should put to bed the drivel in the other thread where a certain poster said that the $15 million was the only payment for 40% of the nickel output (which at the time I shook my head at lack of understanding by some how equity injections and offtakes are priced). That 40% will be priced at index pricing (i.e. read likely LME pricing). Seems a very good outcome for AXN - lack of market response seems to be more attune to market not understanding the importance of nickel in lithium ion batteries - one to watch IMO and one for me to do a little more research on.

All IMO