Are nickel customers "normal" financiers?
I was thinking more of a direct deal with a discount between buyer and POS to compensate the advance, banks are as far as possible excluded.
Wouldn't it be a win-win situation for both of them?
Or does the management fear to squander the precious reserves under these conditions?
Would a JV be conceivable with a mixture of company shares (10% max.) and (mainly) cash?
However, I must admit that I have ignored the change in the exchange rate.
For me (German), who is watching the LME, it would be easier to monitor the "trigger-price" in USD (at these exchange rates)
Are nickel customers "normal" financiers? I was thinking more of...
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $16.81M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $3.08K | 773.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 96955693 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 50517683 | 55 |
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| Last trade - 15.29pm 03/10/2024 (20 minute delay) ? |
| POS (ASX) Chart |