OCP have waited this long and accumulated along the way. I wouldn’t imagine they are going to sell one illiquid stake to get another one.
Why would IGO do it? well because they can leverage their NCZ investment and fund a large copper and cobalt project and generate a very healthy return. They have said they wanted to increase their battery minerals pipeline. IGO want to make an acquisition that moves the needle - either they buy the whole thing or nothing. Why would IGO want to share the equity upside when a toll treatment/payment would do?
We will see what develops.
- Forums
- ASX - By Stock
- Ann: Independent Director Appointment
OCP have waited this long and accumulated along the way. I...
-
- There are more pages in this discussion • 9 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 AML (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
-0.001(8.33%) |
Mkt cap ! $6.030M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $1.1K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 10200251 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 299999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 10200251 | 0.005 |
10 | 3577699 | 0.004 |
2 | 770000 | 0.003 |
2 | 1000000 | 0.002 |
2 | 4800000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 299999 | 1 |
0.007 | 1715848 | 5 |
0.008 | 1726355 | 4 |
0.009 | 20000 | 1 |
0.011 | 1875949 | 1 |
Last trade - 15.59pm 11/07/2024 (20 minute delay) ? |
Featured News
AML (ASX) Chart |