No, I'm not wrong. You're deliberately mixing apples and...

No, I'm not wrong. You're deliberately mixing apples and oranges.

"Banks want floors and customers ceilings" was commented by Tony Ottaviano and published on January 13th 2022, after sealing their first offtake agreement with LG. He was not referring to any negotiation with any bank or bank syndicate and they were not looking for financing at that moment, as they had recently done a CR and had cashed in 490 million AUD:

https://unauthorised investment advice/resources/liontown-resources-boss-tony-ottaviano-on-selling-into-the-worlds-hottest-commodity-market-lithium/


I haven't found any info regarding banks withdrawing finance/debt to LTR because there was no floor price.

https://www.ltresources.com.au/wp-content/uploads/2023/10/61175049.pdf
(on the first debt agreement, October 2023)

https://www.ltresources.com.au/wp-content/uploads/2024/03/61197982.pdf
(on the debt agreement March 13th 2024). Specifically, conditions to drawdown were:
Customary for a debt facility of this nature, and also including:
• demonstrating compliance with customary tests;
• providing a Base Case Financial Model (“BCFM”) based off, amongst otherthings, independent price forecasts and management forecasts ofproduction, capital and operating costs, and which demonstratescompliance with financial ratios; and
• entry into key project tripartite agreements.

Where is the info/news released regarding the floor price wanted by the banks for the 2024 debt facility to be executed?