At first glance this seems to be quite favourable terms? At a small premium to last traded price, low interest at an annual rate of 4.50% (if paid in cash) and with the forced conversion clauses it appears management still believes in an substantial rerate.
From the Company Update section in the presso.
- more than 54,000 hours recorded on-site in 2022.
- Recent progress includes purchase and delivery of long lead item equipment and materials
- personnel and resource additions, pad site and foundation development, and drilling and completing all monitoring and production wells that will supply the facility.
- Continue to target mechanical completion of the SSBF in CQ4 2022
- Will provide project updates in a new Project Status section on the website
- 5EA/FEAM continue to see strong increases in boron prices, with average boric acid prices up more than 50% during CQ1 2022, as compared to average prices in 2020 and 2021.
- The Co recently executed a Letter of Intent with Corning Incorporated, a Fortune 300 company and one of the largest technical glass manufacturers in the world,
- 5EA/FEAM are currently in discussions with other customers who are similarly interested in ensuring domestic supply of boron and lithium.
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Last
20.5¢ |
Change
0.015(7.89%) |
Mkt cap ! $68.02M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $109.8K | 539.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8764 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 46314 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8764 | 0.200 |
1 | 150000 | 0.190 |
2 | 151666 | 0.180 |
6 | 81099 | 0.175 |
3 | 9944 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 46314 | 2 |
0.215 | 127128 | 4 |
0.220 | 137476 | 3 |
0.225 | 122727 | 2 |
0.230 | 10000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
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