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
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $186.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 46.0¢ | 43.0¢ | $314.2K | 710.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10999 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 11793 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| TLG (ASX) Chart |