The thing that caught me is pricing is "at the prevailing market rate" and the 50k opt up "at Pilbara's election"
Meaning in hot times they will have the optionality to do the BMX highest bidder style.
given the wording it sounds like PLS could force it on them if pricing goes high aswell
Ann: Pilbara Minerals Expands Ganfeng Offtake Agreement, page-117
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$3.11 |
Change
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Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
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