So they will only be sending 3500 tonnes - max price would be $5000, more like $3-4K. so thats only $17.5M USD max.
Sale of DSO for 15 000 tonnes - at $951 was $14M USD.
Sounds to me this will get sold off in the current economic climate - probably see 72 cents.
Maybe they should have shipped more DSO or had better water management.
Edit: and the sell down yesterday afternoon at close is looking mighty suspicious to me...
Ann: Additional Spodumene Sales Agreements Secured with Yahua, page-11
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10.5¢ |
Change
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Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 96 | 4283334 | 10.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1066000 | 5 |
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