We have binding offtakes for 50% of anticipated annual...

We have binding offtakes for 50% of anticipated annual production at Ancuabe which was a requirement of the financing due diligence.

I'm content with that for now, financing & moving towards production. The further 25% MOU offtake with Haida is the icing on the cake.

According to a source Haida will often sign MOU offtakes without committing to a binding offtake. They are large enough to sign multiple offtakes with different parties so they can choose not to go down the binding path without threatening their supply of graphite.