"Why would LCK wait to do an Offtake and arrange finance until after a BFS is completed.
- LCK will potentially get a price closer to the urea spot price which adds value to share holders with the Offtake.
- LCK will potentially get cheaper funding arrangements which adds long term value to share holders
- LCK will potentially get a higher calibre of Offtake partner which reduces credit risk to LCK share holders"
Sudoxe. What on earth is your rationale to support your making such a loose statement, and, as usual, you did not provide supporting evidence. Do you think financial institutions are stupid. Cheaper funding, really? Also, Offtake prices increasing to reflect short term prices, really? Higher calibre Offtake Partners, what do you mean?
I suggest you tidy up your presentation, and resubmit it. J L.
- Forums
- ASX - By Stock
- NRZ
- BFS to be released late December / January - 3 Months early!
BFS to be released late December / January - 3 Months early!, page-3
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NRZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NRZ (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online