1MC 3.57% 2.9¢ morella corporation limited

AGM, page-75

  1. 308 Posts.
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    Not that im aware of mate, but i was absorbing a wealth of information , just wish i hade a pen and paper to take notes. In reference to the first part of your post i did ask james directly if they had considered hedging by locking in prices, and even an upfront prepayment. His answer was that at this stage it wasnt necsessary,but that it might be something they would consider at a later date regarding hedging. He mentioned some scenarios with other companies where prepayments hadnt workded out ( i dont recall the specifics sorry) I believe he is very confident that debt funding will be achievable as things stand. The fact that they arent locking in prices indicates to me they would be thinking spodumene prices may have a lot of upside potential, as many of us here myself included believe.
 
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