Only prob w debt for concentrate deals is that the smelters involved generally require 100% offtakes. I suspect that the approach of 3 offtake partners is good in terms of negotiating favourable (?) offtake arrangements (playing one off against the other) however it will make a debt for offtake arrangement very difficult.
I believe that this will be debt funded via the banks ... which will present it's own set of issues / benefits.
Yes, safe to say that MF's philosophy of not hedging (as he preached at the AGM) is a foolhardy way to play the game. He was punting on a high zinc price and clearly miscalculated.
- Forums
- ASX - By Stock
- AIM
- perkoa update annmnt
perkoa update annmnt, page-21
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AIM (ASX) to my watchlist
|
|||||
Last
42.0¢ |
Change
-0.020(4.55%) |
Mkt cap ! $87.70M |
Open | High | Low | Value | Volume |
44.0¢ | 44.0¢ | 41.0¢ | $47.46K | 113.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36126 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 32174 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36126 | 0.420 |
1 | 2000 | 0.410 |
3 | 27704 | 0.400 |
1 | 5000 | 0.385 |
1 | 15000 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 32174 | 2 |
0.445 | 28181 | 2 |
0.450 | 84180 | 4 |
0.455 | 135 | 1 |
0.470 | 6382 | 1 |
Last trade - 15.37pm 16/08/2024 (20 minute delay) ? |
Featured News
AIM (ASX) Chart |