Just to clarify, as judging by some of the commentary, people do not understand what a spot market is. You do not need to have an offtake to sell a product. You can sell it on the spot/cash market at the current rate.
This applies to all commodities - Oil, wheat, oranges, iron ore etc
An off-take is only beneficial to secure future sale of a product which in turn negates risk and is also beneficial when seeking development loans etc. The downside is that you will sell product at a discounted rate to spot in order to have that security.
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $24.75M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.7¢ | $103.4K | 5.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1063873 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 903357 | 6 |
View Market Depth
| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| AGY (ASX) Chart |