GL1 1.92% 25.5¢ global lithium resources limited

Similar was said about similar wording on other companies...

  1. N94
    260 Posts.
    lightbulb Created with Sketch. 148
    Similar was said about similar wording on other companies agreements in the past (LTR, CXO, PLS)

    It seems pretty standard that it's announced to the market this way, and further confirmation comes at a later date as each party nuts out the finer details.

    At the end of the day you have a large company balls deep into the process of locking in a 30% offtake for 10 years, with the option to increase the amount by 15% each year as well, with what seems to be a reasonable contract pricing method that adjusts based on the market price of product.

    seems pretty good to me?
 
watchlist Created with Sketch. Add GL1 (ASX) to my watchlist
(20min delay)
Last
25.5¢
Change
-0.005(1.92%)
Mkt cap ! $66.44M
Open High Low Value Volume
27.0¢ 27.0¢ 25.5¢ $33.81K 129.2K

Buyers (Bids)

No. Vol. Price($)
5 163999 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 53322 2
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
GL1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.