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Ann: Organisational Changes, page-57

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Roch2077

10,189 Posts.

1986

08/12/22

09:13

Post #: 65211673
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Originally posted by Gharp: ↑

Shouldn't you be panicking on real facts and not make believe that cuba has huge foreign reserves

In 2008, Sherritt entered into a conditional sales agreement with Energas to construct additional electrical energy capacity in Cuba, under which Energas was required to repay certain amounts advanced. However, due a number of events, including periods of low commodity prices, increased sanctions by the US government, and the covid-19 pandemic, access to foreign currency in Cuba to make payments on the liability had been significantly restricted.Similarly, in regards to the trade receivable from CUPET, the lack of access to foreign currency has limited CUPET’s ability to pay amounts owing to Sherritt.The cobalt swap provides a mutually beneficial arrangement to pay down the outstanding receivables in a reasonable timeline without relying on Cuba’s ability to access foreign currency, Sherritt said.

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Bringing up information back from 2008 which is 14 years ago to downramp is desperate and teaches you to stop posting up garbage

MAY Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $87.62M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$34.38K	1.291M

Buyers (Bids)

No.	Vol.	Price($)
4	614101	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	162094	5

View Market Depth

No.	Vol.	Price($)
4	614101	0.026
9	911058	0.025
10	2149035	0.024
11	2487925	0.023
5	1383637	0.022

Price($)	Vol.	No.
0.028	162094	5
0.029	294071	4
0.030	1280000	6
0.031	442661	2
0.032	1503548	6

Last trade - 14.07pm 17/09/2024 (20 minute delay)

MAY (ASX) Chart