I don't recall reading previously that they have met with numerous potential organisations to discuss offtake agreements previously?
Is the fact that they are have met with numerous potential organisations who are interested in buying lithium from Vulcan price sensitive? Absolutely!
Im not experienced in these kind of dealings or negotiations but I guess if I were charged with sourcing lithium for a Tesla or VW I would not be putting forward an Offtake Agreement for corporate signatures until there was some scientific backing with a good degree or certainty regarding what the product will look like. How much, purity, contaminants, etc.
Any informed opinions as to whether the PFS will provide sufficient analysis to be the catalyst for Offtake Agreements to be executed?
VUL Price at posting:
$1.16 Sentiment: Buy Disclosure: Held
