SRL 5.00% 52.5¢ sunrise energy metals limited

Re: CLQ chart, page-616

  1. 4,508 Posts.
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    Ebner, your accusations of partisanship hurt more than the apoplectic insults I get on the other thread.

    I agree 100% is better than 20%...IF ALL THE PRICING AND CONDITIONS ARE THE SAME.

    But in these two cases, it is not the same; and we do not know the terms and pricing of the sale for the party who is giving the off-take. But we know, they are giving discounts.

    How much of a discount ? Sorry, confidential. Commercial in confidence. Minespeak for "We don't want to say."
    But don't worry about it. And oh by the way. The $65 mil on the option we gave is linked to more unspecified discounts.

    So the party that has 80% uncommitted production could be in the stronger position.

    Such are the facts. What am I not seeing ?
    Last edited by sallywoofs: 22/03/18
 
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