Seems like MIN only want to know the formula to determine if to elect their rights to match the off take agreement and/or the effect on the 2.5% net smelter royalty to implement a course of action best for their shareholders
"Pricing is to be set on a 6-month basis by a pricing mechanism (formula) based on the price of lithium carbonate, as defined by term contracts to substantial cathode makers in the Chinese market. The carbonate price reference will be determined via a combination of Chinese import and export prices of Lithium Carbonate, that are published via reputed websites for commercial access."
Seems like MIN only want to know the formula to determine if to...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |