A little insight why we may not have had an offtake agreement earlier :
Own Core Lithium shares? Here's why the miner backed off its Tesla deal
https://www.**promotion blocked**.au/2023/04/28/own-core-lithium-shares-heres-why-the-miner-backed-off-its-tesla-deal/
Tesla warns Core Lithium of potential lawsuit over failed deal .
Personally I hate the fact we dont have an offtake bagged so far , but I reckon , KC and team have had to play poker and go all in when the terms and pricing suited the project . All our clients have been trying to screw us from day one , Ie VW tender years ago for Lithium price of $10,000 tonne . I think in , in holding out we have heard the changing terms and conditions over last couple of years , to a point that the offtakers will come on board to , at market prices and some form of prepayment . Which is a far cry from what probab;y Core got sucked into , Yes maybe we could have done the same and would have regretted it for ever after . In a sense the Tesla politics with Core have probably worked in our favor , to even give us a stronger hand at the negotiating table . Later in October offtake sounds like the latest , Tesla is my punt .
A little insight why we may not have had an offtake agreement...
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