"but the project either would need to stack up on the minimum price level"
Seriously? Go read the DFS. Was based on $539/tonne. Floor price of this BOA is $550/tonne. i.e minimum floor is above the feasibility study, i.e proof the project is economically viable.
Payback period from the DFS is 1.8 years. Floor price is in place for 3 years. i.e they have almost twice the time they need to payback any debt at the floor price.
Based on current prices they will be able to pay debt back in essentially a single year.
- Forums
- ASX - By Stock
- 1MC
- Ann: Altura Completes Two Binding Offtake Agreements
Ann: Altura Completes Two Binding Offtake Agreements, page-88
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $38.74K | 14.12M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
122 | 180381230 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 39662259 | 75 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
116 | 179370980 | 0.002 |
31 | 108723809 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 38832259 | 74 |
0.004 | 12585882 | 45 |
0.005 | 4622436 | 12 |
0.006 | 5178915 | 11 |
0.007 | 11961656 | 11 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online