Hi DDBB TB and DUV
POS mentioned a mix of debt and equity capital in the 21 Dec update.
I agree with the idea that debt capital comes from the market.
Imho, the story is one of supply not price.
So possibly, POS could have an offtake agreement with a friendly smelter or friendly energy company, or EV company etc (or maybe many agreements) to guarantee supply at a variable price at any time - eg LME average price per month plus a premium. Global nickel market will set the LME avg price. No need for POS to seek bidders.
I accept that the offtake partner could be an intermediary - but why?
Further, signals by EV manufacturers (eg Tesla) and Ni refiners indicate a desire for some vertical integration.
This can be accomplished by an equity stake and a friendly seat at the board table. No need for consolidation from takeover.
Hence my preference for an equity stake by an offtake partner. I'd also prefer a big player.
For example BP is an oil explorer, and a fuel retailer. BHP is an explorer and supplier of iron and steel, etc. Rio also. The list goes on.
This would help 'stabilise' the share price also.
- Forums
- ASX - By Stock
- Volume
Hi DDBB TB and DUV POS mentioned a mix of debt and equity...
-
- There are more pages in this discussion • 1,765 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POS (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
-0.001(26.8%) |
Mkt cap ! $11.14M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $19.65K | 4.943M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 26444231 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3212197 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 26444231 | 0.003 |
18 | 35049894 | 0.002 |
4 | 55500000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3187197 | 2 |
0.005 | 7614601 | 12 |
0.006 | 4105028 | 7 |
0.007 | 18684360 | 8 |
0.008 | 5000000 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
Featured News
POS (ASX) Chart |