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3.39% 5.7¢ tivan limited

Ann: LOM Binding Offtake Agreement with VIMSON Secured, page-57

  1. bobadah
    10,303 Posts.
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    01/08/20
    16:06
    Post #: 46238066
    Sounds like they were hoping no-one would notice that "up to 100%" does not guarante a single sale but does restrict TNG to having it available if THEY (Vimson) want it. Personally, I think that is worse than no agreement at all. With no agreement TNG could at least sell to another buyer if one became available.

    Another case of very poor management.
    Last edited by bobadah: 01/08/20
    TNG Price at posting: 7.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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