Global NdPr oxide prices rose 40% during the quarter to reach US$134.22/kg oxide EXW China.
Post quarter prices continue to climb with sellers showing no intention of lowering prices at this stage.
Hastings had $96.0 million in cash and equivalents as at 31 December 2021. The Company also has 126.7 million
listed options on issue (
ASX: HASO), which have a strike price of
25c and an
expiry date of 12 April 2022. If all
HASO options are exercised, the Company’s
cash balance will be supplemented by a further $31.6 million.
What u think gonna happen here?
(20min delay)