The question for me in relation to offtake negotiations is Nigel...

The question for me in relation to offtake negotiations is Nigel more interested in signing one or two large offtakes agreements and then supply is secured for finance and FID, or is he trying to maximise current demand by signing more offtake's at a lower amount of supply in the first year or 2 and then ramping up supply after that and is the reason for a delay in offtake announcements.

Rather than see an offtake of 200,000 SC6 to Yibin for 5 years, I would much rather see 2 offtakes at say 100,000 SC6 ramping up tp 200,000 in years 3,4 and 5 ( one to Yibin and one offtake to Europe). Demand in 2023 is going to be much lower than demand in 2025 and this type of offtake agreement could work for all parties.

With multiple scaled offtakes in place this could then allow expansion of the plant and what would that do to our share price, particularly if multiple offtakes diversify supply away from China.

AIMO
GLTAH