A40 0.00% 8.2¢ alita resources limited

A40 price action, page-1467

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    According to Hartleys:
    "We estimate that A40 will need to complete an additional 35Kt of shipments (excluding shipment already completed) in the SepQ, to ensure its cash does not fall below the newly adjusted A$15m minimum cash balance by 1st of October. "

    Ref:
    https://nextinsight.net/story-archive-mainmenu-60/942-2019/13019-alita-resources-offtake-partner-s-and-cash-needed

    So if we assume the upcoming 11kt is ours, and Hartleys not including the 6.5kt (16,502T) reported by Esperance Recent Departures in their calculations, then we only need to ship another ~17.5kt this quarter.
    Last edited by UY Scuti: 11/08/19
 
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