AEV 8.33% 0.6¢ avenira limited

here's something elsefrom the half yearly report note 11 pg...

  1. 3,115 Posts.
    lightbulb Created with Sketch. 514
    here's something else

    from the half yearly report note 11 pg 24

    "Under the Licence and Technology Transfer Agreement, Avenira will pay to Aleees the following Licence Down Payments
    upon achievement of the following milestones:
    USD 2,000,000 payment at Financial Close (completion of all funding required for the construction of the LFP
    Plant (Phase 1)) (USD500,000 paid 20 December 2023).

    • USD 500,000 payment at Mechanical Completion (Production Completion of Phase 3: Production); and
    • USD 500,000 payment upon first production and sale of LFP CAQM produced."

    so avenira are saying that by September of this yr indicatively, the initial train of the LFP plant should be ready to go or else Aleees don't get paid.

 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.001(8.33%)
Mkt cap ! $12.92M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $2.657K 444.0K

Buyers (Bids)

No. Vol. Price($)
37 20367820 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 1026872 3
View Market Depth
Last trade - 14.02pm 03/05/2024 (20 minute delay) ?
Last
0.5¢
  Change
-0.001 ( 16.7 %)
Open High Low Volume
0.6¢ 0.6¢ 0.5¢ 429500
Last updated 10.47am 03/05/2024 ?
AEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.