While this is not the announcement that we have all been waiting for, it is still a significant announcement for the following reason:

Assuming that LGDI management is negotiations with potential investors/partners/buyers this MOU with Alcoa is one more important offtake agreement that is now in place.

Time to market once the partner comes on board will be that much faster

The value of the deal will be enhanced by this

All in all there is some forward movement, even if it still appears to be at a snails pace.

The turn around for this company and us shareholders could come very quickly.

Let's hope for a positive partnering announcement soon!