That makes a lot of sense.
If the BOA purports to fix a price with respect to the MOU, as MIN allege, and the MOU really has nothing to do with the supply of spod, I guess that will potentially be part of the legal basis for which this is being challenged.
PLS could have circumvented this if they included the downstream processing plan terms within the BOA, though I'm not sure if this would have been actually possible or contemplated at the time.
If the next BOA excludes participation in the plant, one would think the pricing mechanism isn't necessarily tied to the opex/capex or whatever relevant costs of the plant.
- Forums
- ASX - By Stock
- Ann: Response to Pilbara Minerals Announcement,PLS-MIN.AX
That makes a lot of sense. If the BOA purports to fix a price...
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B |
Open | High | Low | Value | Volume |
$2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 716181 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 235000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13455 | 2.960 |
1 | 338 | 2.950 |
5 | 74501 | 2.940 |
5 | 20445 | 2.930 |
9 | 100440 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.990 | 39749 | 3 |
3.000 | 90073 | 11 |
3.010 | 93481 | 5 |
3.020 | 125136 | 14 |
3.030 | 53015 | 6 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online