Hi ssv135
Here is the agreement
• Todd will pay Flinders A$10m to purchase an option over PIOP • Exercise price to acquire the project is A$55m plus ongoing royalty • Extensions of the option period would realise further A$10m payments to Flinders • Todd will pay Flinders an ongoing royalty of up to A$1.40 per tonne linked to the iron ore price • Agreement is subject to Flinders shareholder approval process and relevant consents
No payment if a NO vote
Cheers
1h
Trading, page-88
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Last
77.0¢ |
Change
-0.035(4.35%) |
Mkt cap ! $159.8M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 76.5¢ | $4.101K | 5.275K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2211 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 7128 | 1 |
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| Last trade - 12.14pm 29/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |