Musk saying that is always about smoothing out Ni price variations (for himself/Tesla).
E.g. OZL (Oz Minerals) is in takeover for CZI's WMP west Musgrave project that should complete BFS in the next 6 months or so. Will it get the go ahead to mine decision before the Ni price reaches say $7/lb. The market and T/O price at about 20 % of NPV at the time (now 33% due to Au price for OZL shares) didn't say so.
Then there's PAN at 7c when they knocked back a T/O IGO for 3 times that within the last 6 to 12 months.
Ann: Citibank Facility Agreement Update, page-40
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.5¢ |
Change
-0.025(5.81%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 40.5¢ | $932.9K | 2.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 224951 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 26587 | 4 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |