If MT agreed on the LKAB last minute ambush, it would of been an absolute disaster for shareholders. It was a courageous move that will pay off long term through better funding and commercial arrangements available now.
All going well and as per his recent update, a long term purchase agreement signed followed by financing in the next quarter. These will be subject to permit approvals. The valuation will then re-rate when these are ticked off which are on target.
Exciting times ahead!! DYOR
If MT agreed on the LKAB last minute ambush, it would of been an...
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Last
42.5¢ |
Change
-0.070(14.1%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 38.5¢ | $540.5K | 1.309M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 9197 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 5814 | 4 |
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| Last trade - 12.45pm 29/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |