A11 1.14% 44.5¢ atlantic lithium limited

News: A11 Piedmont Lithium gets another extension amid North Carolina mine permit review, page-6

  1. 9,504 Posts.
    lightbulb Created with Sketch. 2860
    It ain't much use to them if they don't have a plant, and they sure as sheet don't have the money to build one. Or even to give us any money to build ours. House of cards over there IMO. Ready to tumble. They were relying on having their mine producing by now to finance things I bet. But it's stuck in limbo due to enviro concerns.
    . I wonder what the provisions are if A11 give the FID and PLL don't have either the money or the capacity to take the 6% concentrate. I mean they can raise the money I guess based on the IRR but with no plant...Is the offtake a 'take or pay' contract?
 
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