If BHP become our financial backer and /or offtake partner we are in the pound seats. They may be looking for a patch of KNP to call their own, outright buy.
There is still the possibility that this is for a 100% buyout as well, this however is unlikely with a mutual 3rd party putting the deal together as there is conflict of interest.
That scenario would require complete separate teams to negotiate hard without prejudice.
We could have an offtake with the battery manufacturers in addition, the resource is big enough.
Whatever this deal is, my bets are that it will be innovative and highly beneficial getting KNP to fully funded and in production ASAP
RED
Ann: KPMG appointed Corporate Advisor for Ardea Strategic Partner, page-18
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $92.85M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 46.0¢ | $27.43K | 58.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23078 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 922 | 1 |
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| Last trade - 15.38pm 11/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |