Amazing how much crap hits HC nowdays.
Pity posters cannot give facts rather than fiction.
Although Santa Barbara has taken Besalco to court re not meeting the contract production target , ADY Investor Relations recently indicated that the contract did not specify iron ore fines output that had to be achieved.Therefore the contract can be interpreted as the quantity of ore processed rather than iron ore fines output.
Conclusion.... do not count on the $83m.
Contrary to Phil's bullish announcements ADY HO has confirmed that the case may not be successful.
I am unsure about the Santa Fe "agreement" as there may not have been a contract and I do not think it has progressed to court anyway.No announcements to say it has.
- Forums
- ASX - By Stock
- ADY
- besalco
besalco
-
- There are more pages in this discussion • 18 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
LU7
Discover the strong preliminary feasibility of the BĂ©cancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add ADY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
-0.002(22.2%) |
Mkt cap ! $11.40M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $4.984K | 642.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1320820 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1210000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1320820 | 0.007 |
6 | 1400000 | 0.006 |
6 | 1157440 | 0.005 |
5 | 2150120 | 0.004 |
1 | 600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 200000 | 1 |
0.009 | 2539287 | 2 |
0.010 | 995195 | 4 |
0.011 | 464523 | 2 |
0.012 | 201360 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
ADY (ASX) Chart |