Tremont owns 50% of Panda Hill and I think almost 20% of the entity (aka Cradle) that controls the other 50%. I think from Tremont's point of view, it would make a lot of sense to take control and sole ownership of Panda Hill before the full value of the project is realised and then enter negotiations with a third party for the big bucks - or operate it themselves.
Item 6 in that Schedule suggests to me that the whole thing was very much set up (including by Cradle as a consenting party) for Tremont to take full control and ownership of Panda Hill (and Cradle) once the DFS is completed. I think we as Cradle shareholders will still do well out of this, but perhaps not as well as we'd like to or as the potential see-through value of the project suggests we might.
- Forums
- ASX - By Stock
- EE1
- Offtakes etc...
Offtakes etc..., page-13
-
-
- There are more pages in this discussion • 17 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 EE1 (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.479M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $5.12K | 320K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 316689 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 1367573 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 316689 | 0.016 |
4 | 1464003 | 0.015 |
1 | 200000 | 0.014 |
1 | 100000 | 0.013 |
1 | 50000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1367573 | 4 |
0.018 | 16043 | 1 |
0.019 | 1118750 | 2 |
0.020 | 1626000 | 3 |
0.021 | 2300000 | 3 |
Last trade - 10.25am 30/08/2024 (20 minute delay) ? |
Featured News
EE1 (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online