The agreement is a bit interesting in relation to the connection agreement, which I presume is akin to a take off agreement.
Getting a connection agreement isn't a pre-condition it seems to be simply a milestone for the third payment instalment.
Once paid those instalments are ours to use and keep. The accounting standards treat them as an option payment and require them to be held in the balance sheet as a pre-payment liability untill the contract completes or falls over for some vague reason.
So if all else goes well we will have $10m from AGL and be happily going deeper underground while they sort that out.
- Forums
- ASX - By Stock
- HGO
- Prepare for PHES take-off
Prepare for PHES take-off, page-33
-
- There are more pages in this discussion • 20 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 HGO (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.1¢ |
Change
-0.003(4.69%) |
Mkt cap ! $127.8M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.0¢ | $200.6K | 3.254M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 399999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.060 |
4 | 325169 | 0.059 |
2 | 390000 | 0.058 |
1 | 372000 | 0.057 |
1 | 370000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 399999 | 1 |
0.063 | 154741 | 1 |
0.064 | 390942 | 4 |
0.065 | 598913 | 3 |
0.066 | 30000 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |