Li-related News/Articles/Reports, page-7661

An offtake will likely have pricing relating to a particular market price at the time of supply, afaik, so not signing a deal “in a hot market” is rather irrelevant unless we are desperate and need to accept poor terms wrt discounting.
We are not desperate, and we haven’t been, because we have been funded and busy with our 2ktpa plant.

Companies can indeed get desperate when they are essentially sitting around twiddling thumbs and waiting for a deal to proceed…. This de-risking was part of the 2ktpa + 10ktpa strategy.

wrt a funding deal for the expansion, we will have to wait and see what eventuates and how that is combined with offtake. They are clearly looking for a deal that suits us best for the longer term, as they should be. If the funding deal is largely a prepayment, how is that significantly worse due to the “depressed market”..?

Sure we’d all have liked everything to progress more rapidly, but AGY is not Robinson Crusoe wrt issues or sp action. I suspect things might shift quite rapidly in H2 but only time will tell.
GL