He can pull it off without Ivanhoe. He doesn't need to do anything illegal.
He could do it like a streaming deal inside Clean Teq. Just lowball the scandium in the BFS and give a 50% stream on the scandium production till the discount is paid back plus a premium for the loan.
That is essentially what AUZ is doing on their $65 million option to SKI.
They get $65 cash on exercise but there are undisclosed future discounts on the cobalt. Commercial in confidence. Nobody's business.
Ann: March Quarterly Activities and Cash Flow Report, page-43
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.0¢ |
Change
-0.010(2.38%) |
Mkt cap ! $36.99M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.5¢ | 40.0¢ | $6.307K | 15.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14279 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 526 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |