That's a great question. As its an LOI and not binding, yes I believe they can simply not proceed with doing business with KNL. However I really don't think they would do this. TK wouldn't put there name to it unless they had the utmost confidence. All management posturing to date indicates that all is well and it's a matter of them know signing. The document is likely to be incredibly detailed which is a good thing and these things usually just take more time than what everyone wants.
However, If they were to pull out, I would go so far as to say it's a company breaker -no TK off take, less likely hood of funding, no mine up and running in 2017. Hello sub 10c
Just keeping it real ....
- Forums
- ASX - By Stock
- Ann: Epanko Bankable Feasibility Study
That's a great question. As its an LOI and not binding, yes I...
-
- 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 EGR (ASX) to my watchlist
|
|||||
Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $47.67M |
Open | High | Low | Value | Volume |
10.0¢ | 11.0¢ | 9.6¢ | $6.045K | 57.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51304 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 4868 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51304 | 0.096 |
2 | 19000 | 0.095 |
1 | 6383 | 0.094 |
3 | 40816 | 0.092 |
2 | 40000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 4868 | 1 |
0.115 | 12268 | 2 |
0.120 | 102079 | 2 |
0.125 | 13447 | 4 |
0.130 | 36500 | 2 |
Last trade - 11.15am 19/08/2024 (20 minute delay) ? |
Featured News
EGR (ASX) Chart |