Ann: Battery Minerals Signs Binding Offtake Agreement, page-4

Yes

With an unknown micro-sized start-up graphite processor with no notable supply contracts or corporate partnerships.

A company that has used $1.25 million from Mexican angel investors a to explore high-density, low leakage graphene-based supercapacitors. I.E, I do not see any security in this off-take agreement.

While it might be a testament to the quality of BAT's graphite, this isn't the large-scale commercial supplier the market was looking for. If this was 50-70% of the mine's production to a large Chinese or US group I would be saying the exact opposite.

This off-take and announcement, however, means jack. Just gave 20% of our supplier to an unsecured startup and diluted shareholders.

And I agree, and I hope for everyone's sake the next offtake is for the remaining supply to a larger entity. I just can't see a return here in BAT for years. So GTAH