TM1 20.5% 4.7¢ terra metals limited

Having spoken to the company previously on this my understanding...

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  1. 58 Posts.
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    Having spoken to the company previously on this my understanding is there is a 30 day "Cure period" should they not hit Dec (which is a normal term in a contract like this - so nothing new/commercially unusual). So that takes you out to end of Jan. However, the pricing on the LG&E contract is attractive in the current market so would be commercially surprised if they did anything to jeopardise what they have signed up for. But you never know....

    On the additional sales - they had until end of Oct to have this sorted according to the terms of the Macquarie CPs. This then puts the second tranche into play.
 
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