A lot of payments will be based on commissioning goals achieved.
If the company wishes to delay that process then they may well not need the cash but may be on the hook for delay payments (interest).
These contracts have all kinds of provisions built in.
But in a nutshell, I really cannot see why LTR would want to go head long into commissioning when there are multiple trains idle in WA.
Min are switching between 3 and running 2 at a time to keep them operational if there is an upturn is a prime example.
GB has reduced production.
IMO
Under $0.50 Celebration, page-131
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
62.5¢ |
Change
0.015(2.46%) |
Mkt cap ! $1.515B | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 64.5¢ | 61.5¢ | $9.865M | 15.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 230271 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 56900 | 4 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |