The deal hasnt fallen over yet, they announced its in re-negotiations!
Its still live.
They didnt issue terminations or announce its terminated or that the DD failed.
Read the announcement !
What didnt MINRES get in the prior deal = EQUITY
What didnt POS get in the prior deal = transport & tolling charges other than 1% royalties.
MINRES & POS MCap keeps going up as market thinks deal is going to be better and bigger for both.
You explain to us all why the market cap is higher then?
POS cant lose anything only gain imho.
MINRES is the big looser if they terminate and embarras themselves as they got no Li HUB then nor any MILL for it.
They would have to spend $800M building one themselves like SIR/IGO did at Nova !
Market will not like cash burn of $800M v POS $15M+ imho.
POS should keep LJ and terminate the deal. Then we will see the reality.
Now LJ is skywritten across all Australia as a Li HUB you think no one else wants it? LOL.
LJ - a Jewel in the Crown, page-88
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $16.81M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $4.059K | 836.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 65801421 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3528046 | 10 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| POS (ASX) Chart |