"Its the financial health of their customers in Europe Im more...

"Its the financial health of their customers in Europe Im more concerned about."

If demand is light in Europe, I expect demand from the States, Canada, Australia, even China to be extremely strong. Everything I'm seeing points to insatiable demand for battery cells. The whole market is preparing for a huge recession with cratering demand for just about everything. But, somehow, demand for battery cells is so strong that they can't make these things fast enough. If demand is this high in the depths of a bear market, I can only imagine what it will look like in 2024 and beyond.

In terms of Talga's direct customers - the German based battery plants may be in jeopardy if energy costs go too high. But, FREYR and Northvolt are big enough to buy Talga's entire initial production capacity. And, I expect they'll want it to secure their supply-chains.