EUROPEAN LITHIUM WKN: A2AR9A ISIN: AU000000EUR7 Kürzel: EUR Forum: Aktien Thema: Hauptdiskussion

Even if we do enter into offtake and/or sales agreements, we may fail to deliver the product required by such agreements or may experience production costs in excess of the fixed price to be paid to us under such agreements. In December 2022, we entered into a long-term Offtake Agreement (the “Offtake Agreement”) with European auto manufacturer, BMW (“BMW”). The Offtake Agreement is conditioned upon the successful start of commercial production at the Wolfsberg Project and full product qualification and certification. Pursuant to the Offtake Agreement, on June 5, 2024, BMW made an advance payment of US$15.0 million to us, which is secured by a bank guarantee at Citi New York (the “Bank Guarantee”) and is subject to be repaid through equal setoffs against battery grade lithium hydroxide delivered to BMW. The advance payment is not yet freely accessible to CRML, and the Company may only access the funds under certain conditions. Our business, results of operations and financial condition may be materially and adversely affected if we are unable to (i) realize the expected benefits under the Offtake Agreement; (ii) enter into similar agreements with other buyers; (iii) deliver the products required by such agreements; or (iv) experience costs in excess of the price set forth in such agreements. Steht auf Seite 7 https://www.sec.gov/ix?doc=/Archives/edgar/data/0001951089/000121390024092156/ea0217031-20f_critical.htm

Bitteschööön... Übrigens kann European Lithium bzw Critical Metals momentan nicht über das Geld (Millionen) frei verfügbaren da es auf ein Treuhandkonto liegt

Vielen Dank. Also da steht erwartet was nicht "muss" gleichzusetzen ist. Denke Spielraum (+1-2 Jahre) ist vorhanden. Darüber wird BMW sich bewusst sein. Und ich bin guter Dinge. Aber ob es bis 2026 wird bezweifle ich aktuell.

https://hotcopper.com.au/threads/ann-binding-lithium-offtake-agreement-executed-with-bmw.7155639/ Oben ist die Ankündigung dazu