Management Update – Term sheet
Interview with Managing Director, Phil Hoskins to discuss the Term Sheet in more detail. Questions include:
- Can you please discuss the details of the JV and offtake arrangement in more detail?
- What does this deal mean for Graphex?
- What is required to make these terms binding?
- Can you discuss the financial terms in more detail?
- Please explain why the offtake is for 50% of production. How confident are you of securing the remaining 50%?
- Can you discuss who the Joint venture partners are in more detail?