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
57.0¢ |
Change
-0.005(0.87%) |
Mkt cap ! $216.4M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.5¢ | 55.5¢ | $495.1K | 875.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 16148 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |