CNNC Offer was $175M for 24% of LHM. They did not proceed to binding documentation.
CNNC new offer for LHM is potentially whatever the valuer says the price is for 75%.
Right now U price is low. Delay at this stage will help PDN - if U price and sentiment can recover before valuation. Realistically price must be above $45 USD /lb for industry to be viable LT.
Ann: 2017 Bondholder Consent Solicitation Launched, page-20
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Last
$8.81 |
Change
-0.505(5.42%) |
Mkt cap ! $2.783B | |||
| Open | High | Low | Value | Volume |
| $8.89 | $8.93 | $8.76 | $5.659M | 638.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2431 | $8.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.81 | 428 | 5 |
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| Last trade - 10.19am 04/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |