CXO 3.41% 9.1¢ core lithium ltd

Ann: CEO Transition, page-20

  1. 18,488 Posts.
    lightbulb Created with Sketch. 2621

    That is standard contract.

    They entered the original contract with a discount factor (10% I believe) to the market price.

    So they will basically pay 10% difference to the prevailing market price, to one of the two customers - assuming Core will not restart after June.
 
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