RE: RE: Offtake Agreement Sorry again, I'm not sure why it seems to be only me that can't reply but only Post (I have tried in multiple browsers). Regarding the offtake agreement, I have the following quote from Darcie Ladd:
I asked, "Am I correct in my understanding that the Offtake agreement with Glencore is at a 7% discount to current market price? Are there any quantities specified or demanded on either side?"
Darcie replied, "Yes, the offtake agreement with Glencore is at a 7-8% discount, however, the price will be set each day according to the pricing of Vanadium on the market which is beneficial as Vanadium prices are forecasted to rise."
This was something I was concerned about before I decided to invest and I am happy with the answer especially as those aforementioned forecasts are becoming reality. As, I presume, you could probably guess by the fact that I am here.