There has been some discussion on the thread related to LPD share price about the BASF MOU, and its pending 2019-12-31 expiry.
During the Benchmark Minerals roadshow in Melbourne, I asked JW about the BASF MOU and he confidently replied that "MOUs can easily be extended". If we recall that the MOU is an understanding between DLI and BASF, and that DLI has since merged with LPD, then (from BASF's perspective) the opportunity has changed.
I expect that the BASF/DLI MOU is not mission-critical to BASF and any extension (given the change is product supply from DLI/LPD) will be to the advantage of BASF to accommodate.
BASF Opportunity, page-42
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