I'm of a similar mindset as @ShelbyWright.
The way Glencore have kept us waiting (sure it's a massive corp and sometimes a v slow mover, but I've seen them do deals fast in the past), I can't help but think they are playing it smart and trying to wring as much out of our deal as possible, knowing we're being forced to both dilute and go on the scrounge. That doesn't sit well with me.
So I'd prefer to be rid of them totally. We are already suffering and they haven't given us a dime yet.
Best would be to go long with a partner on favourable terms, who help us with both Stages 1 and 2. Work in tandem as a WIN v WIN rather than walking away with a deal which makes us suffer over many years in terms of opportunity cost.
I hindsight, adding a timeframe to expedite the Glencore deal would have been a smart move, but your hands are often tied when playing with the big boys.
I get the feeling there will be a leftfield announcement over the coming month and we'll all be both surprised and happy with it.
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Last
11.5¢ |
Change
-0.002(1.71%) |
Mkt cap ! $58.26M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 11.0¢ | $364.1K | 3.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1108763 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 49226 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 77873 | 0.115 |
16 | 1086539 | 0.110 |
8 | 1344214 | 0.105 |
18 | 1247057 | 0.100 |
1 | 50000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 741599 | 15 |
0.125 | 510296 | 7 |
0.130 | 147849 | 4 |
0.135 | 340000 | 2 |
0.140 | 84000 | 2 |
Last trade - 15.10pm 12/09/2024 (20 minute delay) ? |
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