Well,
There's quite a bit to digest.
My last comment a few days ago suggested that offtake wouldn't have fixed $ agreed to.
This wasn't just my cynicism.
I've wondered for quite some time now whether Flory would negotiate benchark terms for the bulk of the offtakers, best leveraging the current zinc prices whilst not being completely exposed to the spot fluctuations.
This may well be enough to satisfy financiers.
Jury's still out but food for thought.
Also, the estimated pay back in two years no doubt would sway financiers to allow AIM to be exposed to more risk than say a five year term.
Well,There's quite a bit to digest.My last comment a few days...
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Last
43.0¢ |
Change
-0.020(4.44%) |
Mkt cap ! $89.79M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 43.0¢ | $26.11K | 60.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14109 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 1086 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AIM (ASX) Chart |