Comment 1 "but from memory once the plant has been operating at 70% for 6 months we are free from Mt k constraints to raise finance."
Plant operation of that nature has no effect on Mt K. I think you're confusing Mt K with the JOGMEC loan, which does have performance obligations.
Comment 2 "It's not "their repayment" the 30m has nothing to do with Mt k"
as explained, not true.
There are no workarounds without Mt K's approval. Today's announcement makes that crystal clear. If Mt K won't give their consent, it's all over unless there is an option 4.
Comment 1 "but from memory once the plant has been operating at...
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Last
$7.78 |
Change
0.180(2.37%) |
Mkt cap ! $7.272B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.92 | $7.41 | $46.84M | 6.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 77676 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |