The concern for Glencore is that they push GLN to the wall and the project doesn't get up or is severely delayed. If they go under, then they would, I assume lose access to phase 1 product?
If GLN are forced to struggle their way through phase 1 funding, why would you offer Glencore access to any more product from future phases?
Perhaps they want them to go belly up and then offer a bailout which includes all future offtake or complete buyout..... One would think there would be other interested parties in this scenario?
Either/Or, not good for the relationship between the 2 parties one would think?
The concern for Glencore is that they push GLN to the wall and...
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $117.7M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.3¢ | 28.0¢ | $336.2K | 1.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 505564 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 37677 | 6 |
View Market Depth
| Last trade - 15.25pm 07/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
Change
0.000 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 29.0¢ | 28.5¢ | 414118 | ||
| Last updated 14.42pm 07/05/2024 ? | |||||
| GLN (ASX) Chart |