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
Hi ssv135 Here is the agreement • Todd will pay Flinders A$10m...
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Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1795 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |