A lot of payments will be based on commissioning goals achieved.
If the company wishes to delay that process then they may well not need the cash but may be on the hook for delay payments (interest).
These contracts have all kinds of provisions built in.
But in a nutshell, I really cannot see why LTR would want to go head long into commissioning when there are multiple trains idle in WA.
Min are switching between 3 and running 2 at a time to keep them operational if there is an upturn is a prime example.
GB has reduced production.
IMO
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A lot of payments will be based on commissioning goals...
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84.0¢ |
Change
0.005(0.60%) |
Mkt cap ! $2.037B |
Open | High | Low | Value | Volume |
80.0¢ | 86.5¢ | 80.0¢ | $8.710M | 10.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 110884 | 83.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 213383 | 11 |
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No. | Vol. | Price($) |
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7 | 110884 | 0.835 |
10 | 133636 | 0.830 |
9 | 116456 | 0.825 |
3 | 46387 | 0.820 |
4 | 167788 | 0.815 |
Price($) | Vol. | No. |
---|---|---|
0.845 | 213383 | 11 |
0.850 | 22852 | 3 |
0.860 | 33576 | 5 |
0.865 | 134989 | 13 |
0.870 | 62344 | 8 |
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