The option is for if they want a 'modest discount'. If not they can not exercise option and pay market price without exercising the 80m option. See below.
c) SK Innovation will be entitled to a modest commercial-in-confidence buyer discount on the base price, provided it exercises an option to subscribe for up to 19.9% Australian Mines’ ordinary shares or equivalent level of asset investment for the Sconi Project within three (3) months following the release of the Bankable Feasibility Study (BFS) on the Sconi Project. (The BFS is now scheduled to be completed in June 2018).
Ann: BFS supports strong commercial case for developing Sconi, page-687
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $11.97M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.6¢ | $107.7K | 15.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 816610 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 25987683 | 24 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| AUZ (ASX) Chart |