Just read AUZ's last Quarterly 29/4/21Advancing Sconi Offtake...

Just read AUZ's last Quarterly 29/4/21

Advancing Sconi Offtake discussions

Australian Mines confirms a significant amount of activity to progress the Sconi off take negotiations took place during the March quarter. These negotiations are the subject of Non Disclosure (NDA) or Confidentiality Agreements (CA), which is normal practice. The NDAs/CAs include clauses which prohibit either party from disclosing information that may identify a potential counter party, or from providing commentary on the status of incomplete negotiations. Australian Mines can, however, confirm the offtake discussions have covered
key terms such as pricing, volumes and indicative timelines. In parallel, Australian Mines is working to satisfy the due diligence requirements required for these ongoing offtake discussions to progress towards formal contracts. The Company reconfirms its expectation of entering into an offtake agreement in relation to the Sconi Project
during calendar year 2021.

Australian Mines’ confidence in entering into an offtake agreement this year is underpinned by the continuing work the Company is doing to make the Sconi Project a very attractive and ethically derived source of advanced battery materials.

Just thinking out loud, is it possible that the undisclosed party could be, U.S. Development Finance Corporation.

Just sitting up late doing research, putting dots together.

Anyone like to comment.