Good thoughts and very similar to mine. However i dont feel offtakes would be desirable at this early stage. There would be enough buyers in the wing to keep keen. Negociations at this stage would have the buyers having the upper hand. Stronger deals could be made after aproval. Meaning offtake prepayments of higher value as certanty is higher.
That leads me to their eventual fiacal position going forward. Imagine a company at such a early stage not requiring further dilution on the usual long path to production.
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held