POS-PBT Joint Venture, page-3

Wheres scomos $120M?
How can PBT not use this for an offtake downpayment like Trafigura did with PAN, and wheres the JV & joint budget.

without pos they would never have this $120M as they have no land, mine, ni or refinery.
Pbt must sign a JV & pay up for the offtake or pos take over the entire project itself, there are hundreds of such ev startups but barely any Ni producers capable of a refinery.

cant see why it takes a year to agree a deal.
so something is clearly wrong here, maybe they wont give up the feds money to pos so pos wont sign, why else delay 1 year? They have to share it or return the money.
where are the Fed grant auditors?

youd think theyd be happy to get $60M each for doing nothing other than grant paperwork & designs rather than losing the lot & getting nothing & havung to find $120M from.german investors instead..NUTS.

no news means the JV has stalled & they cant agree terms.
simple.
POS should apply to the Feds to direct pay $100M of the funds to POS for the Ni stock & mine planning & refinery planning & take it over as the Feds gave this grant solely due to POS imho.

take action, if pbt wont agree, do it yourself on BS land with a new partner, like GE or POSCO easy.