Because money talks
The substance of SK’s arrangement was a hedge until they were pushed to put some commitment into play.
The reality is finance wasn’t going to get approved until commitment was put forward. Now we know SK were never going to put up any cash prior to finance it’s clear they’re not the partner we want. Plenty of other partners out there who will commit to prepayments. Cobalt Supply constraints will increase once Mutanda mine shuts. 2020 is looking like a much better year for IRR rehashing.
NAIF need to absolutely need enter the mix now.
Because money talksThe substance of SK’s arrangement was a hedge...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $59.24K | 5.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 437625 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 7999864 | 25 |
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| Last trade - 15.46pm 11/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |