The way GFL calculate their average price is different, however the minimum and maximum payable is still the same as Optimum and Lionergy i.e. US$550 minimum to US$950 until the end of 2020.
Key Terms of BOA – GFL International Co., Limited (GFL)
▪Minimum of 70,000 dry metric tonnes (dmt) per annum of 6% grade spodumene concentrate (SC6.0) with minimum 8,000 dmt commitment in 2018;
▪Term of BOA current to 31 December 2021 with a further 5 year extension at GFL election plus an additional 5 year extension by mutual agreement;
▪US$11 million pre-payment on 2019 shipped cargoes;▪Minimum price of US$550 dmt (FOB equivalent) based on Li20 content per dmt on 6% Li20 until end of 2020;
▪Maximum price of US$950 dmt (FOB equivalent) until end of 2020;
▪CIF pricing based on agreed formula incorporating published reference pricing weighted for lithium carbonate and lithium hydroxide; calculated quarterly in arrears
- Forums
- ASX - By Stock
- 1MC
- Investor Presentation
Investor Presentation, page-71
-
- There are more pages in this discussion • 491 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 1MC (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
121 | 181496973 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20055545 | 43 |
Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |
Day chart unavailable