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Monday, August 29, 2022 11:44:20 PM
29 August 2022
Core and Tesla extend Offtake Term Sheet
Australia's next lithium producer, Core Lithium Ltd (Core or Company) (ASX: CXO),
advises that is has mutually agreed with Tesla, Inc. ("Tesla") to extend the termination
date for its binding offtake term sheet (“Offtake Term Sheet”) with Tesla to 26
October 2022.
The extension allows Core and Tesla to complete negotiations for the definitive full
form binding offtake agreement.
The Offtake Term Sheet with electric vehicle manufacturer Tesla is for the supply of
up to 110,000 dry metric tonnes of lithium spodumene concentrate produced at
Core's Finnis Lithium Project expected to commence in 2023 (refer to ASX
Announcement 2 March 2022).
This announcement has been approved for release by the Core Lithium Board.
https://wcsecure.weblink.com.au/pdf/CXO/02559840.pdf
I have had the feeling Piedmont wants sayona share price to stay low to keep picking at our bones. That ATM etention the other day should hold off the wolves (Piedmont).
Kieth does not like to promote Sayona on his many TV interviews. Brett has a soft voice does not comand the stage as well as Kieth. Hopefully that soft voice works for the Koreans.
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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