Terrible announcement - signed until 2021 with further options up to 10 years... In essence it is only a 3 year agreement + 10 years... What if they don't take up the additional 10 years... will be in the same position in 3 years time.
Don't know how they can say it is a long term agreement when it is only 3 years initially that is 100% committed!!!
Feels like a band-aid fix to me... to stabilize share price in short term, while management sell out...
Ann: Long Term Binding Offtake Agreement Secured, page-25
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
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