WHICH ONE IS IT?This is a bigger deal than i originally thought.
Here's Don's input on the NR.
“I want to underscore that although quite small in amount, this current LOI is for just one of the Buyer’s valve-regulated lead-acid (“VRLA”) battery products. Discussions are underway regarding the Buyer’s Starting, Lighting, and Ignition (“SLI”) batteries, which could hold considerable potential opportunities for AGC with battery manufacturers, in addition to Start/Stop (“SS”) batteries, and both Absorbent Glass Mat (“AGM”) and Enhanced Flooded Batteries (“EFB”) for vehicles with Idle Start-Stop (“ISS”) functionality,” stated Mr. Baxter. “We are currently in advanced-stage discussions for offtake/supply agreements with two other U.S.-based end users and are diligently working towards LOIs for significant quantities of our premium, American-sourced-and-manufactured graphite products.”
The opportunities are endless with the VRLA, SLI, SS, AGM, EFB, Lead-Acid batteries.
We have not even started with the CSPG.
Here is a list of the US Manufacturers of the L-A Batteries. Take your pick on which one we are dealing with.
https://energy.sourceguides.com/businesses/byGeo/US/byP/batP/batt/btora/bType/leadacid/byB/manufacturers/byN/byName.shtml