HXG 0.00% 1.6¢ hexagon energy materials limited

Off Take, page-5

  1. 842 Posts.
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    I was about to see who could possibly find anything to knock & this offtake agreement then this appears.
    '...from commencement of production to 30 December 2018'
    No ambiguity there at all that I can find.
    Plain & simple, as soon as we are producing, which we are all expecting full production now will be late 2015 for this level of tonnage. So thats all of 2016-2018, a 3 year offtake agreement of 50ktpa.
    I think this is a sensational announcement.
    They will take the flake, but if the merger goes through will take processed spherical anode.
    And this is a Fortune 500 company. This is the most significant graphite offtake agreement announced yet by any of the emerging new graphite producers worldwide period.
    This merger with Lamboo's flake & Hengda's plant, production & location will open so many doors.
    First mover .........
 
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