The potential 3rd offtake is also interesting. From the previous commitments and the confidence around needing a 2nd plant, E25 has been talking to someone very large in the sector. This US government commitment may be the precursor event for E25 to secure that deal which may also come with a debt funding deal and be the debt funding that E25 has mentioned to complete the funding stack.
E25 Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
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