.
""Let's not forget that two-thirds of the first two years of production was pre-sold at the very height of the zinc price. Much credit is due to the INL management for that. The money for the polymetallic project is as good as in the bank. "
Hi Ron, is this true? Fantastic news if it is, where did you hear it from? Thanks"
The presentation at the AGM (subsequently released as an ASX announcement dated 15th Nov) stated:
"Off-take arrangements in place with Chinese smelters:
a) 20,000 tonnes per annum for three years,
b) 20,000 tonnes per anum for two years
Further three-year 5,000 tonnes per annum contract under negotiation
Remainder of production to be sold at spot price."
So 45,000 tonnes of the annual 65,000 tonnes was pre-sold at a time when the zinc price was much higher than it is now, and a further 20,000 tonnes was pre-sold at that time for a further year after that.
- Forums
- ASX - By Stock
- SDV
- is inl dependent on high zn prices
is inl dependent on high zn prices, page-42
-
-
- There are more pages in this discussion • 23 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 SDV (ASX) to my watchlist
(20min delay)
|
|||||
Last
53.0¢ |
Change
0.030(6.00%) |
Mkt cap ! $94.90M |
Open | High | Low | Value | Volume |
50.0¢ | 53.0¢ | 49.8¢ | $117.2K | 230.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 37087 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 53718 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 15224 | 0.520 |
1 | 1500 | 0.510 |
2 | 35254 | 0.505 |
2 | 3722 | 0.500 |
1 | 1920 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.525 | 322 | 1 |
0.530 | 53740 | 5 |
0.535 | 20000 | 1 |
0.540 | 30000 | 1 |
0.550 | 10000 | 1 |
Last trade - 13.43pm 13/09/2024 (20 minute delay) ? |
Featured News
SDV (ASX) Chart |