Albert - you have missed the nuances of the deal.
We don't know yet whether or not SK 'are willing to pay 12 cents a share'.
They have an OPTION to pay 12c for up to 19.99% of the company (not just Sconi) but I really doubt that they will cough up before at least some of their conditions precedent are met - particularly the quality of the samples from the pilot plant, in terms of their suitability for SKI's battery tech.
I would think they would also wait for the BFS to be completed in June - as the ability of Sconi to meet SKI's quantity requirements is being investigated in this extended BFS timeline.
So maybe by July they will be prepared to pay 12c for a stake.
Albert - you have missed the nuances of the deal. We don't know...
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $18.49K | 2.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 4996323 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2511425 | 13 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |