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19/04/18
16:13
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Originally posted by mattyedw
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If two parties agree a sale price and contracts are signed then even if it has taken 12 months and NI has spiked it would be binding to the agreed contract price..
Just because NI has risen sharply doesn't mean they can put a stop to it...legally.
It would be the same if NI went the other way too...
Its just a pisser due to the shafting and NI appreciation..
Only hope is that its all a stalling process to relist, but with the Brazilian secured creditors not wanting anything to do with New York creditors doesn't bode well as it then has to be sold
Just seen the NI price surge past $7.1 and i feel sick
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Almost at $7.4 - what has finally trigger this sort of surge. The LME stock has been declining for months
Anyway - pass the bag around. I'm feeling sick!