That was my intuition : a gentlemen agreement : if you reject the approval of the loan (which practically they did because of the uncertainty of the demand/pricing of hpa) never tell us that explicitly (so not to shock / break the hearts of our shareholders) until we find a new financing solution or maybe we could ONE DAY satisfy your requirements (a binding take or pay off-take agreement).
the question though remains if the demand is there and prices of hpa are increasing then why atc is unable/struggling to sign a binding take or pay offtake agreement ? Why end users refuse that ? If end users believe that prices will increase in the near future and that the supply will tighten then you would assume that its in their best interest to secure a binding offtake agreement with atc.
could someone with contacts with iggy asks him directly this question please ? Thanks for any help.
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That was my intuition : a gentlemen agreement : if you reject...
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Mkt cap ! $101.6M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 1665936 | 6.1¢ |
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Price($) | Vol. | No. |
---|---|---|
6.2¢ | 525194 | 5 |
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24 | 1665936 | 0.061 |
27 | 2045431 | 0.060 |
11 | 787813 | 0.059 |
9 | 526113 | 0.058 |
4 | 48378 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 525194 | 5 |
0.063 | 712477 | 6 |
0.064 | 350000 | 2 |
0.065 | 1144067 | 4 |
0.066 | 100000 | 1 |
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