Just in case anyone missed this gem of a paragraph in the report
Based on the quality of concentrate from Bald Hill (established by testwork), and significant tightness in the spodumene concentrate market, there has reportedly been significant offtake interest in Bald Hill concentrates.
A 5 tonne bulk sample is being prepared for provision to potential offtake parties, with some discussions sufficiently advanced to potentially permit a conditional offtake agreement within the coming 4-6 weeks.
No pricing or volume details are as yet available, but we understand that product pricing could be similar to current benchmarks (+US$850/t for 6% Li2O), with offtake arrangements potentially including product prepayments to help fund development costs.
Canaccord Commences Coverage, page-4
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