From the Binding Heads of Agreement - Cobalt Production Facility JV page 7
"The Company is working with its Strategic Advisor, Airguide International Pte Limited (Airguide) in order to develop and finalise a cobalt and copper concentrates offtake and related prepayment funding strategy for the Luapula Processing Facility"
"Airguide has commenced discussions with a number of European and Asian based global commodity trading groups and end-users of cobalt in this regards. Meetings with a number of these groups has taken place in China, Europe, South Africa and the DRC, and several technical site visits already completed to the Luapula Processing Facility and Exploration Licenses."
You say that there is
There is NO European partner.
There is NO $25M offtake agreement.
There is NO offtake agreement with upfront payments.
There are NO announcements of any such things.
My suggestion to you is that you read the announcements correctly, instead of spreading misinformation.
And yes there has not been an announcement about a 25m offtake agreement. But there are takeoff agreement in the making, and we will have to wait to see what they are.
Peace out.
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